There is growing evidence that the long dark night that has been our recession may be coming to an end.As recently outlined by Premier Paula Cox, and featured in the daily paper, recent news on a host of fronts indicates that confidence in Bermuda and its economy is slowly returning.The announcement that Link Bermuda will invest tens of millions of dollars to establish an island wide fibre optic network should not go unnoticed; nor should the Green family’s purchase of the Fairmont Hamilton Princess and their commitment to invest a further $50 million on long overdue upgrades to infrastructure at the hotel.Both projects should produce jobs and inject a much need investment into the economy, at a time when it really needs it.It does not end there. The Green Family is also currently developing and completing the commercial component of their new $100 million overall investment on the Waterloo House site.Developer, Andrew Green, who along with his brother has led on the project, has stated that they have already secured commitments from clients to lease 90 percent of the commercial space. This includes a commitment from a hedge fund that will be seeking to set up business on island.This last piece of news is a welcomed development because the expansion of the hedge fund business in Bermuda, which has been long sought, will assist us in the further diversification of our international business sector and our economy overall. Let’s hope this trend continues.The Premier has had a difficult job, especially in these tough times, but no one can question her commitment to move Bermuda forward by revitalising our economy.Certainly, we should be very happy to hear, as she was, that a major reinsurer, in the form of Mistsui Sumitomo that is based in Dublin, Ireland is relocating to Bermuda.Mitsui, a subsidiary of Bermuda-based MS Frontier, represents a real boost even on a psychological level, as Ireland and its capital Dublin in particular, over the last few years has touted itself as a rival, while encouraging largely unsuccessfully Bermuda based reinsurers to relocate to the emerald isle.And the beat goes on, in the form of Equator Reinsurance’s announced plans to increase its local presence and thus staffing levels, coupled with the news that a new 8,000 square foot furnishing store has opened.All of the above represents good news. The cup in other words, is not necessarily running over; but certainly it is starting to fill again.One would never know that however if one only listened to the “doom and gloom” merchants called the One Bermuda Alliance and their apologists, who have determined that the best route to the political promised land is to keep saying that the proverbial “sky is falling … the sky is falling”.Will these and other developments have an immediate economic impact on those who have borne the brunt of unemployment and underemployment and on those who are struggling financially in meeting household expenses? No. Not immediately.But it will begin to restore a sense of optimism and thus confidence in our economy and our economic future. No economy can sustain prosperity and rising levels of income and wealth, without that precondition.Bermuda has experienced the worst economic downturn in perhaps three generations, driven as it has been by the global “great” recession. The resilience and entrepreneurial spirit of our forefathers allowed us to weather the economic storms then, just as the resiliency and entrepreneurial spirit of Bermudians today, still represents one of our greatest assets.My greatest hope it that when robust economic growth resumes that we continue to ensure that growing numbers of Bermudians, particularly those that have been historically excluded or marginalised in this economy such as black Bermudians and others, are going to substantially benefit from that renewed growth at all levels.Our social stability in the future and ultimately the sustainability of Bermuda’s economic model in the 21st Century will depend on it.