Oops! Some fantasy slipped through.
O.K. I do believe the Silly Season has arrived. Not familiar with the term? Cyril M. Kornbluth wrote a short story in 1950 with the title, to me it means the slow summer news cycle and the often strange stories that see the light of day, such as:
Add to that the most unlikely headline: “FLASH 2008, secretive man with obscure and hidden personal history, raised mostly abroad in the Muslim faith elected President of the United States despite having no political experience other then lackluster term in IL state legislature and half a Senate term.
I think this is saying the banks are expecting the recovery to fail and a second wave of recession.