That beautiful summer is gone again...

Some readers may recognise the sentence above as the translation of the title of a Gerard Cox song of 1973. But it's true, the summer period has come and gone; a period in which everyone has enjoyed the sunny weather and many have also been on holiday. Lately, I've heard many stories about that: domestic holidays and holidays near and far abroad, alone and with friends or family, for peace and quiet and active holidays, long and short. Whatever your holiday looked like, for everyone it's important to take a step back from the daily routine to get new inspiration and energy. You get an extra energy boost!

Yet, after such a silly season, reality is not always easy. The days are getting shorter, the temperature is falling, work is piling up again and the number of e-mails and traffic jams is increasing too. These are all relatively small worries, although for some people they can be a big challenge. The important question is whether major concerns are imminent. Opinions differ widely, but it is clear that there is quite a bit going on. What will happen with regard to Brexit? How is the relationship between the US and China, but Iran as well, developing? Is German industry recovering? Is the rise of populism continuing? All these elements are very significant and may largely affect the economy, leading to concerns, some of which major. The question, however, is whether these concerns will be of a temporary nature, i.e. a cooling of the economy, or of a more long-term nature, i.e. a recession. And how are we going to respond to that?

I think it's interesting and quite exciting what's going to happen in the near future. An important question is - as a figure of speech -: did we ‘repair the roof’ sufficiently over the beautiful summer? I certainly hope so, because according to Gerard Cox, that summer is gone...

 

Remco Schoonderwoerd