The stock markets’ rebound since March seems not to be built around any inspirational story, but rather the mere absence of more really bad news and the knowledge that all previous recessions have come to an end. At a time when the newspapers are filled with pictures of foreclosure sales – and even of surplus homes being demolished – it is hard to see any cause for the markets’ rebound other than this “all recessions come to an end sooner or later” story.
但是，鉴于现在有许多有关经济存在问题的故事，所以人们很难再创造出像以前那样的故事了。今年三月份以来股票市场的反弹，似乎不是围绕什么鼓舞人心的故事展开的，而仅仅是因为市场上没有更多真正的坏消息，以及人们认为以前的衰退都结束了而已。当报纸上满是销售抵押物抵债的照片——甚至是过剩的房屋被毁掉的照片的时候，除了“所有的衰退迟早都会结束”这样的故事之外，很难发现股票市场有任何反弹的理由。