More accurate are the opinions of those who believe that without a more serious intervention from the Fed, which can only mean another round of quantitative easing (QE III), the current quasi-recovery will soon fade and the tides of recession will overtake us once again.
There are other variables to watch for too, mainly rising wages, commodity prices (oil and agriculture) and the possible of a QE-III in the U.S., not to mention more from the european currency printing press in the year ahead.