The Euro Monitor calculates an indicator that can serve as an early-warning signal if the basis for growth in the economies analyzed starts to deteriorate and as an indicator of financial stress. The Euro Monitor does not, however, provide any information on how strong growth is expected to be in individual countries. Looking at the EMU countries as a whole, the overall indicator clambered back to roughly the 2008 level in 2014, reaching 6.4 points. Despite this marked improvement, the stability readings are still unsatisfactory. Our first-time comparison with the US also yields encouraging results, with the eurozone slightly outperforming the economy often deemed to be the "measure of all things".