New buzz word: GREEN SHOOTS

by Patricia Turo | March 28, 2009 at 11:48 pm
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Economic Greenshoots

UK Housing Market May Show ‘Green Shoots,’ UBS, Goldman Say

Bloomberg

By Svenja O’Donnell March 20 (Bloomberg) — The UK housing market may be showing “green shoots” as government measures to boost lending gradually help to stem the slump in sales, UBS AG and Goldman Sachs Group Inc. said today. …

 

UK Housing Market May Show ‘Green Shoots,’ UBS, Goldman Say

Bloomberg

By Svenja O’Donnell March 20 (Bloomberg) — The UK housing market may be showing “green shoots” as government measures to boost lending gradually help to stem the slump in sales, UBS AG and Goldman Sachs Group Inc. said today.

In case you were wondering what ‘green shoots’ are— they are the first signs of economic recovery during a recession.

http://bloomberg.com/apps/news?pid=20602007&refer=govt_bonds&sid=abHwbBtoAhkE

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