James Padinha
James Padinha
accepting becoming data economic gradual great growth hit indicate last markets numbers pan people round whereas
People are becoming more accepting of a slow, gradual recovery, whereas last year, they had great growth numbers in mind, and when that didn't pan out, markets got hit hard. As long as data don't indicate a new round of fundamental economic deterioration, we're still on the same growth track.
excesses expect waiting
It's really just a waiting game. You can't expect excesses to be done correcting just because you want them to be done correcting.