Given it is the last day of what is being reported as a breath-takingly good year, we thought a gentle reminder of the reality underlying the exuberance was worthwhile. Presented with little comment, we give you 2013... the death cross...

And what to expect for 2014? Well, that's easy... as is evident from the following chart of real economic expectations for 2014...

(h/t @Not_Jim_Cramer)