Massive stupidity is taking hold of the casino. Bad is good, loss is gain. People jump onto the train heading to the never-land, fearing of missing the last miracle.
One bank talks, counting lucky bet on its own risk as profit. Another bank talks, expotriating one month's estimation into a promising year-end profit. One pseudo bank got down-graded, one old crook got downgraded, and their stocks soar up, because "the rating has no impact", and the public is pleased, not caring about what is real.
And here comes the messiah, giving eloquent speech with a split tongue. Sure you are not creating another bubble, just a Hope ballon flying around with the huge "Change" sign in red ink. As long as you can define inflation, it is not going to happen any time soon. Right?
When the herd speeds up, run as fast as you can, to the other direction.