Work continues on an outdoor observation deck on an office building in New York. In the US, fears of a recession have fallen dramatically since the summer. Photo: APWork continues on an outdoor observation deck on an office building in New York. In the US, fears of a recession have fallen dramatically since the summer. Photo: AP
Work continues on an outdoor observation deck on an office building in New York. In the US, fears of a recession have fallen dramatically since the summer. Photo: AP
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Why fears about a global recession have disappeared far too quickly

  • In a matter of months, markets have swung from pessimism about the global economy to optimism. But Europe’s economy remains weak and, with an impending presidential election, it is too soon to say if the US economy is out of the woods

Work continues on an outdoor observation deck on an office building in New York. In the US, fears of a recession have fallen dramatically since the summer. Photo: APWork continues on an outdoor observation deck on an office building in New York. In the US, fears of a recession have fallen dramatically since the summer. Photo: AP
Work continues on an outdoor observation deck on an office building in New York. In the US, fears of a recession have fallen dramatically since the summer. Photo: AP
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