Markets & Data Suggest That US Econ Recovery Is Artificial

The stock market performance during the current economic recovery is the worst on record, at least for the past 134 years and most likely worst ever. Poor stock market performance during a recovery has been indicative of poor or short-lived recoveries. The stock market fully supports the Employment and Income data that make the current recovery one of the worst, if not the worst, in history. What makes the current situation unique is that the poor performance is despite one of the largest stimuli since 1929 and a resulting Housing Bubble.
At some point the stimulus must end, as the Fed is already in the process of “removing accommodation” and Bush wants to cut the deficit in half, and bubble must burst, even if slowly. And at that point the economy will slide into a recession naturally and into a depression because of the burden of Household Debt, which will cause massive mortgage defaults and personal bankruptcies.

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