Green shoots or a dead-cat bounce?
Last week's jobs figures are encouraging, but thousands are still being forced to emigrate, writes Cliff Taylor.
Has the economy reached a turning point, or will it continue to flat-line? Did last week's jobs and retail figures represent some green shoots or just, to use the phrase beloved of the financial markets, a dead-cat bounce? Can you even begin to talk about economic recovery when 1,000 Irish people a week are leaving the country to find work elsewhere?
Dead cat bounce rests on the theory that "even a dead cat will bounce if...
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