Moving the financial markets is an easier task, as attested to by the stock rally on the day following the long-anticipated announcement of the bond purchase initiative.
While UBS says U.K. and Swedish corporate credit quality have been improving for twelve months now, the picture is very different in Spain as Barclays attested late last month.
Perhaps the reason I feel quite so liberated from the present while more and more attached, not to individually-recalled "good old days", but to a collectively attested and ever-present past, is because the hard drive of my computer is overloaded with digital images of the places I've been and the people I've met, all of them time-coded to a 10th of a second.