Technically, we haven't been in a recession for 8 years. The ONLY way that's happened is because of the prolonged, over-extended, low interest rate environment the Central Banksters have so artificially abused during that time. Growth has been and still is stagnate, but now the easing is supposedly over and they're going to actually see if this economy can stand on it's own two feet, figuratively speaking. We're going to see if it can. No gloom and doom, but I don't see it being able to do so mainly because they won't be able to normalize rates higher again. There's entirely too much debt on the books for them to do so. IMO they've created a permanent low-growth economy.
There's also a term known as the business cycle. The cycle we are currently in is the third longest in history, right now. I believe if it ran two more years it would be the longest in history. I'm not saying it won't happen, but it's unlikely to happen IMO, especially with rising interest rates now.
I agree that with Trump becoming Pres. and with MOST of his business changes being positive will help, but it's yet to be determined how much. This is all perceived improvements going forward, not reality. Timing is another factor. If you don't get tax cuts until 2018 that might be a problem. You also have to remember Trump isn't cutting spending he's increasing it, so deficit spending is increasing, not falling.
Also, the wild card with Trump is a much greater chance of geo-political conflicts we could experience with him as Pres. His MO is to be confrontational and difficult. He's already pissing off Mexico, just wait till he locks up with China. There's no doubt we are going to see problems in that area. The Trump love-fest is going to go sour at some point in the future IMO. We'll see.
Finally, whatever the reason for THE RESET it may not even be an event that originates in the U.S. something else may start the dominos falling and every economy on the planet suffers as a result. I've read numerous articles that say we could have that Shit Hitting The Fan moment in Q3 of this year.
