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Even bears are getting happier

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San Diego Zoo / AP / File

(Read caption) 14-week-old female giant panda cub Hua Mei yawns in this 1999 file photo. Even bearish analysts have started to report happier news recently. It's begrudging, but it's there.

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After 5000 Dow points you're gonna go with 'the tax cuts are allowing me to use the term 'Recovery'"?

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Almost snuck that one by us...


There is a subtle shift underway at some of the most bearish enclaves around the web and The Street. Rather than admissions that the world is not ending, we are getting equivocation: "Yes, things may be improving but it's only because of the Fed/Treasury/POMO/Jews/Freemasons/China etc. This is actually a notable change from their saying that nothing was improving at all.

Data is still being picked apart, motives questioned, bubbles sighted at every turn. But the rhetoric is shifting - if you pay close attention, you can spot it everywhere.

Capitulation? You tell me.

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