Well the trade war might well be done and dusted....
https://www.washingtonpost.com/business/2019/12/13/big-takeaways-trumps-phase-one-china-trade-deal/
We are NOT going to be hearing about death spirals much longer.
Secondly with Boris' thumping reelection much of the uncertainty around Brexit will vapourise. Sure there are issues to sort out going forwards, but these two events are catalysts in removing much of the pessimism and uncertainty looking forwards.
Now if you are a black caps supporter, talk about a death spiral might be more appropriate.
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