The worst might be coming to an end
The credit market has given signs of stabilization, the stock market is gaining some confidence, the price of oil rose and the real estate sector in the United States is less bad. These are small signs that might be anticipating an economic recovery in US for the end of this year. These small signs of improvement in economic activity, may be a good tonic for the future direction of stock markets. Unfortunately, I can not say the same for Europe. The situation continues bad as they are having very difficult times. The UK is in recession, such as Spain and France. Europe lives in a serious recession under the threat of a deflationary process. The banking crisis sank business and fall of companies is now causing new problems in banking. This is a vicious circle with a violent momentum, that even the flexible and large countries such as the United States, are experiencing difficulties to combat. The worst moments of the economy may have already come to an end, but in Europe the situation is much more complex due to the stubbornness of Mr Trichet in not following the same economic process as FED has taken.AC
