The “New Normal” for Growth
Markets are bubbling over signs of “green shoots” in the global economy, with an increasing number of investors seeing a strong rebound coming, first in China, then in the US, and then in Europe and the rest of the world. But, even after the current crisis ends, global growth is almost certain to remain lower than the pre-crisis boom years for some time to come.
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Cambridge – Markets are bubbling over signs of “green shoots” in the global economy. An increasing number of investors see a strong rebound coming, first in China, then in the United States, and then in Europe and the rest of the world. Even the horrible growth numbers of the last couple quarters don’t seem to discourage this optimistic thinking. The deeper the plunge, the stronger the rebound, some analysts say.