Hong Kong officially out of recession

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  1. #11

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    All fair points. On the other hand, growth and consumerism are also connected and how much people spend(whether it's on a corporate or personal basis) is often related to confidence in the economy.

    A general positive feeling and a loosening of funds from lending institutions means people/companies going out to hire, buy and build and that's the next step to full recovery. In my opinion, this is beginning to happen, we'll just have to see if it will be sustained.

    Doom and gloom on the other hand has the opposite effect so I don't really think it's a very good strategy...

    Last edited by gilleshk; 16-08-2009 at 05:34 PM.

  2. #12

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    Quote Originally Posted by Boris:
    When your economy is based around the performance of the stock exchange and that is up 50% in 6 months then its hard NOT to be out of a recession.
    The measure of being in or out of recession is AFAIK not based on the stock market performance.

    Doesn't mean though we won't go back into recession again, as you say.

  3. #13

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    Superman "Li" said the stock market is not stable. It won't be like a V shape comeback for investment


  4. #14

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    Aug 2009
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    highly doubt if we are out of the recession yet, as US and China fundamentals are still missing, despit the recent sky-rocketing stock market