Nostradamus predicted that a great nation would rise to unspeakable glory. And then see it all come crashing down.
Was he referring to the United States?
Because we may be on the verge of realizing “unspeakable glory.”
Goldman Sachs’ (GS) U.S. Equity Strategist, David Kostin, expects domestic GDP growth to hit 3% in 2014. That’s nearly double the 1.7% growth rate for this year.
That’s not the only shocking revelation in the market, though.
You see, unlike most leading economic indicators, there’s one that’s impervious to manipulation. It’s immune to sentiment, too.
Heck, it’s darn near the closest thing to an economic crystal ball we’ve got.
And it’s suggesting that incredible things are ahead in 2014. Not just for the United States, but for the entire global economy.
We’re Long Overdue
It’s been a long time since we checked in on the Baltic Dry Index (BDI).
