From our old friend Simon Hunt, the major 2013 bear (who has been calling 2013 for at least seven years, since I started reading him. The first part deals with China and global trade, and then the old bear turns bullish, kind of like your humble analyst. Read and google some of the charts he references, if you are so inclined. “Providing that Washington confronts its budgetary, fiscal and monetary issues head-on, America will once again become the manufacturing hub of the world. In a nutshell, the new normal will be Asia and other parts of the world relocating to the USA."