Slightly overdue for a cyclic recession anyway. Although the recovery was unusually lame and there is no telling whether that will mean the so-called recovery continues to stagger along indefinitely because it really signaled the arrival of a stable long-term growth rate and a damping of cycles, or it signals the recession will be colossal when it does hit due to the lame recovery signifying fundamental unresolved economic problems. I'm sure you can find a ton of economists to sagely tell you either one.