CITY VIEWS: DO YOU FEEL THAT WE ARE OUT OF RECESSION?
DAVID BAINES | GLOBAL REINSURANCE
“I think there are more shocks ahead. People tend to focus on the good news. With today’s announcement people could get carried away and fail to spot the next big shock. I suspect there are dark days ahead.”
FRANK SPORTEILLO | NYSE
“I certainly don’t feel that we’re out of the woods yet. A 0.1 per cent increase in GDP is not good at all. I don’t see people being too optimistic about it – I don’t see too much optimism at all.”
SARAH STANLEY | PRUPIM
“It feels like we are coming out of recession the way things are at work. I’m in property and we’re seeing lots more stock on the market and more people buying. There have been improvements in retail too.”
RAY LARKINS | HILL INTERNATIONAL
“I don’t feel we are out of the recession at all. I’ll be waiting until there are far more concrete signs before I say we are out of the woods. I think we will continue to see marginal increases but no more than that.”