Now ECB's Trichet sees 'green shoots'


If creating buzz about better times can help create better times, then better economic conditions may be ahead.

That's because even now European Central Bank President Jean-Claude Trichet is sounding positive and seeing "green shoots."

"As far as growth is concerned, we're around the inflection point in the cycle, that's the sentiment," Trichet said Monday at a press conference at the Bank for International Settlements in Basel, Switzerland, Bloomberg News reported. A number of recent reports are "encouraging, but it's no time for complacency," Trichet added.