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Between the lines: Speculating on recovery is a business with big risks

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Published Date: 08 May 2009
HAVE we reached the point where we can see, not necessarily the economic recovery itself, but the conditions arriving which will allow the recovery to start?
There are, at first sight, encouraging signs – stock markets rallying around the world, banks such as Barclays reporting profits, commodity prices rising – which lead some to think recovery will happen soon. Sorry, but I don't think so.

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  • Last Updated: 07 May 2009 8:42 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: Peter Jones
 
 

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