So this is a recovery. The stock market is stabilising, but don't bet on it. Jobs growth is strengthening, but not enough to convince us that business leaders are really-and-truly backing a rally. And debt is being piled upon debt as treasury departments around the world lie back and think of... well, England.
As Time magazine's Curious Capitalist so eloquently puts it, "the great stew of recent economic statistics seems to justify but one conclusion: This recovery will be uneven, disjointed and chocked full of surprises."