i think one of the best indicator of the strength of the economy in the near to medium futures is to see how many companies are going broke.
If the Gov. and Fed printing is successful these defaults should be prevented and stay below 5%. If they rise above 5% than i think this will cause other financial issues.
My problem is I don't know where to look for this data.
Do you know a good source to monitor defaults in the US, EU and globally