The IMF recently raised from 1,3% to 1,7% the estimated growth of the U.S. in 2008. (if nothing has changed you will see that report coming out together with the world economic outlook, that will be published in early October).
I guess black gold price will stabilize at around 90 U.S. dollars per barrel in what should be the end of the “bubble”, and the dollar, especially after the U.S. elections, should strengthen and stabilize against the euro around a euro-dollar exchange of 1.35.
For me this means just one thing: U.S. economy is still the most advanced in the world and is probably the only one who could have faced the actual crisis without the complete collapsing of every single financial institution.
It was tough. It is not over yet. But I guess it is almost all downhill from here, or something really close to that.