There are so many conflicting news and views out there these days. While the markets around the world have rallied about 20% in the past two weeks, the indicators are generally not that good. But, there are signs of hope, some wish-washing from the politicians and bankers and some statements that the banks are not in such a bad shape as previously thought. Or feared, to be more precise.
It is apparent that the analysts' economic outlook have always went behind the actual real numbers. So it is possible that the forecast is dark because the situation is bad. As the situation improves, the forecasts would start to improve. But, nonetheless, the previous performance tells us (almost) nothing about the future performance.
It is apparent that the analysts' economic outlook have always went behind the actual real numbers. So it is possible that the forecast is dark because the situation is bad. As the situation improves, the forecasts would start to improve. But, nonetheless, the previous performance tells us (almost) nothing about the future performance.
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