Posts Tagged ‘Finance’
Economic Recovery
It would appear that a turn away from the worst has been made. July 2009 looks to be the date where economic recovery can be seen in most sectors throughout the world.
July saw global income turn positive as well as global industrial production. Overall output in economy also turned positive.
The ERCI indicators have been very strong since July and this appears to be the start of market recovery. It will however be a fair while until the economy recovers fully and we will more than likely feel the economic downturn well into the next financial year and perhaps even into the following in some cases.






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