What's next, holographic images of JFK?
I realize all of this is intended to create some confidence and aid in big money's quest to re-inflate the stock market, and in their wisdom, the world's economies. But here's the problem as I see it. They are asking people to gamble their money with the very same bunch of people who sat at the controls while these grandest of all ponzi like schemes were being perpetrated. It's all about saving banks and big institutions, while at the same time these same people display time after time that they are unrepentant. i.e. bonuses and blackmail. Pay to re-inflate my bubble, or I'll burn your house down.
I don't see where the "fundamentals" have changed significantly. I see that the sources of cash that funded much of the irresponsibility have thrown the brakes on and are cautious and looking inward more than they were. But I don't see the wonderful, splendorous circumstances evolving that would encourage me to think that there is a basis for an imminent revival. Just an attempt to re inflate the confidence bubble using as much private money as they can lure out of hiding.
One thing I find really curious is how gainers have substantially outpaced losers on the US markets the past few days, yet the overall average is stalled or losing slightly. This indicates money shifting within the exchanges perhaps, but not new money coming in. I'm not sure, but I suspect large institutional investing agents are moving money about to create the aura of an up market. This might also be partly due to big investment moving around to better position itself.
But there are other factors as well, like GE being down graded by the debt rating agencies, and their stock going up just about every day since. Go figure. Too much going on that defies logic to make me believe this is anything more than another manipulation.