Maintaining this solid expansion will be important if we are to see any real signs of the economy rebalancing, as manufacturing remains 9% smaller than its pre-crisis peak, while services have already closed the gap.
Much of the rebalancing sentiment still remains predicated on global demand growth forecasts, by OPEC, International Energy Agency and others in the range of 1.2 to 1.4 million barrels per day (bpd) for much of this year and early next year, and lower non-OPEC, especially US production.
As for what it means for China and the U.S. rebalance toward Asia, it still remains to be seen how effective Obama's strategy against the Islamic State will be.
They then manage the portfolio on an ongoing basis and rebalance it to make sure it remains consistent with the original design.
Germany's current account surplus remains stubbornly large, obstructing the internal rebalancing that needs to take place if the eurozone is to survive in the long term.
If Britain remains, then it's easy to rebalance back to Europe, but if Britain leaves then, under a Clinton administration, they would need to strengthen the EU more than Britain.
He also signed up to rebalance his account quarterly so that the stock allocation remains constant and doesn't grow too much larger if we have another 6 years of rising markets.
