Absolutely Soros squarely states we and Great Britain are in recession. And the devaluing of our currency speaks volumes.
Which is why I have been working very hard to come up to speed being late to the game but early to the party and realign my portfolio into Alt Energy (Solar, Wind), Oil, Nitrogen. These in my opinion are all non discretionary growth area and will be so for the coming decade. Solars being the most speculative but most investors can still participate there with managed funds or Etfs.