A stormy forecast
13 September 2012
For the past year, economic analysts have been predicting that the gathering clouds of recession will be blown away by the gentle winds of recovery. But now even the most optimistic fear the blustery market conditions will last well into 2003
The business climate of recent months has been remarkably similar to this summer’s weather – there have been occasional glimpses of blue sky, but prolonged periods of sunshine have been few and far between.
In the same way, there have been days when talk of a recovery has not seemed misplaced. Unfortunately, the optimism that seemed to be returning to the market...