Cees bruggemans biography examples

Cees Bruggemans, Consulting Economist at Bruggemans & Associates, sees hope and a brighter future for South Africa…

BREAK IN THE CLOUDS by Cees Bruggemans

It must be difficult to believe, with Eskom an ever bigger albatross around our necks, an imploding post office, and so from one scandal to the next.

But there are breaks in the clouds, and they tend to add up in time.

We are now precisely six years down range from the darkest point globally, and locally, of the early 2009 recession. Recovery has been uniformly slow or deeply disappointing.

But there has been progress.

The US may have had a disappointing winter 1Q2015, but its underlying growth momentum remains of the order of 2.5%-3%, with an average of 200 000 new jobs created on average these past six months, and the lead growth driver slowly rotating from production to new housing.

This progress may be steady enough for the Fed to start its slow interest rate normalis