03 December 2019
Can the “Green Shoots” survive the winter?
The term “Green Shoots” is used by market commentators to describe a situation where it appears economic data are getting better after a period of weakness. After seeing manufacturing, trade and growth either slow down or outright contract all year, it now looks like there might be some signs of improvement. Part of the reason for this brighter outlook is that one of the biggest drags on growth this year, the trade war between the US and China, appears to be heading to a positive resolution. If that does come to pass, and both sides start to remove the tariffs that they have put in place, then we should start to see a resumption of global trade flows and manufacturing output.