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
Opinion
Opinion
Macroscope
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: AP