The ‘great recession’ is over, or is it?

The recession is over, we can all rejoice in surviving the “great recession”. But if a recession was that easy what were we all worrying about?

The truth is we are no where near the end of this recession, despite the recent surge of bright economic news in recent weeks. Whilst stock markets may have turned a corner it is well known that they rally long before the real economy does. Unemployment is still rising and that along with GDP should be the key indicator of a nations economic health.

So why the optimism? (more…)