Through the second quarter of 2010, many analysts noted a divergence between seemingly positive microeconomic data and a macroeconomic outlook which was flagging a renewed downturn in growth. A seemingly strong recovery in container shipping in particular augured well for global demand and trade. On this week’s Business Monitor Podcast, BMI’s Head of Shipping and Freight Transport Michelle Byrne puts these indicators and trends into context and cautions that continued strong growth is not likely on the cards.
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