Green Shoots and the Fruits of Summer

Any keen gardener will tell you that the combination of an extremely bitter winter and a progressively warmer spring, means that the UK is expecting to experience a phenomenal plum harvest.

But the main concern on many peoples minds does not relate to the UK's plum harvest but rather to the recession that seems to be gripping so many countries around the world.

Some signs suggest that green shoots are appearing, The Financial Times reported today that hedge funds have seen a surge in investments with over $142.5bn being allocated in their direction over the past three months. First and foremost what this suggest is that investors are actually believing that the major economies around the world are bottoming out and thus these individuals are predicting a change in fortunes. When the markets can go down no more, there's only one way left to go.

Some critiques may say that these investors are stuck in a dream world but better then expected results from the likes of Goldman Sachs have done well to lighten the mood, proliferating the whisper which suggest that a turnaround is coming.