A slow recovery is taking place
I have notice also under estimated currencies such as the British pound, have now settled to what they to their real worth. Of course the world economy takes longer to recover but it will follow suit with the stock market trends. It will take many years though for the unemployment queues to subside as the hype caused more job cuts than the actual problem should have, ever caused.
At the center point of the hype a few British economist has been shocked by the British pound losing so much value against the dollar. Where it was estimate the pound should of been worth US$ 1.61 of which the currency recovery has crossed and today the British pound stood at US$ 1.68 that shows that imports and exports are better balanced.
I can say with some confidence that a recovery is taking place it’s a slow process but the buds are opening. I expect shortly the media will be placing much emphasis as I am as the stock markets look more promising. I welcome some positive hype as that would really help confidence to return and only confident investors can speed up the recover.