Investors want governments to spend, spend to avoid a double dip recession. http://www.bbc.co.uk/news/business-14823501
Up to August, they were worried that governments were profigate. They are still afraid of excessive debt longer term, but they are terrified of a recession in the shorter term.
And we rely on markets to help allocate capital efficiently? Sigh
Markets are fickle and neurotic.
