Israel, Japan, France, Germany are all showing very minor economic expansions — an improvement form the recent freefall. However, green shoot expectations have been for a much greater expansion. Hence, even these positive prints manage to disappoint.
Here is what this improvement looks like in terms of global trade:
chart courtesy of NYT
Hints of a Rebound in Global Trade
NYT, August 14, 2009
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.