This reflects the maxim that equity rallies typically precede an economic rebound by roughly six months .
This strengthened the view that the us is past the worst of its recession and that its economic recovery could precede that of europe and japan .
China 's latest rate increase may precede a year in which emerging-market central banks break away from their counterparts in the industrial world by tightening monetary policy .
Interviews have four stages that precede the writing of a story : arrangements , preparation , the actual interview and the reconstruction .
Mr issing is one of the founding fathers of the euro , but also predicted potential problems with the plan and argued that political union ought to precede a shared currency to ensure its stability in the long-term .