Monday, 10 December 2012

Gambling on Gavyn

I blogged a couple of days ago on an article by Gavyn Davies in the FT; that in a round about way was suggesting that it's likely that we are at a turning point in the global economy. 

http://getwd50.blogspot.co.uk/2012/12/calling-end-of-recession.html

While I was trying to understand his article I remebered me what my Grandfather used to say - 'Stock markets will run 20 months in front of the real ecomnomy'.  So on this basis the recovery in the UK will be pretty anaemic.

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