David Brown Looks Quotations

It is not just economic spring returning to the German recovery, it looks like full blown summer has arrived for German business confidence.

The manufacturing sector looks as if it is over the worst of its recent slowdown, U.K. GDP growth is still lively and the recent plunge in the pound could tilt the scales back towards increased inflation risk in future,

The first impressions are that the headline figure looks a lot softer than expected but if you add in the previous month's revisions it's still pointing towards a solid recovery and U.S. growth being on a solid footing.

It's like opening up lemonade, there's a bit of a fizz in the economy for 2006, but it may fizzle out later. On the surface it looks like the economy is improving, but scratch that surface and there are fissures. We shouldn't get carried away.

It looks like Mervyn King is getting it wrong on UK growth, inflation and interest rate policy,