摘要：In none of the recovery periods during past economic crises affecting tropical timber markets has the divergence between the financial economy and the ‘real’ economy been so stark. In global financial markets there is growing optimism that the stability now achieved will open the way to economic growth and this has encouraged the flow of money into equities, pushing up stock prices. As is usual, equity market trends are always far ahead of activity in the real economy, which is why, despite relief that the worst of the current downturn may be over, tropical timber markets remain as dull as they were 12 months ago
