Oil and the US Dollar are the keys to recovery. Need lower fuel cost and a stronger US DOLLAR to keep commodity prices in check. This will offset inflation. That being said, you then can raise rates. The world is now cutting rates, which is great for the US DOLLAR. Too many bears is another indicator. This is the reset button for a Bull Market.
I want to see a Bull Market come back. It was so much easier and much
more profitable. I hope your right 12% we all could use a godd Bull Market !