Financial markets are starting to function more normally, banks are raising billions of dollars in capital, and the latest economic figures, while weak, aren't much weaker than had been expected. Taken together, these signs of stability make for the calmest economic period the nation has experienced in months. Now economists are grappling with whether the crisis will continue to ease, or whether this is merely the eye of the hurricane, with more big problems coming soon. (Washington Post ^[1], Friday)

But the politicians haven't yet had a chance to intervene and take the credit!

FEE Timely Classic
Interest Rates and the Business Cycle ^[2] by Glen Tenney