Let’s not get carried away with misplaced optimism

By David Murphy, Business Editor There is a definite change in the air. The beginning of 2013 is defined by economic signals which indicate, at least, that the worst could be over. Unemployment remains extremely high, although steady, at just below 15%; house prices show signs of stabilisation after an enormous 50% collapse; and the economy is no longer shrinking. The relentless demise of recent years would appear to be coming to a halt. In a sense, it is like …