Wishful thinking, or is there really a change for good blowing through the global economy?
The answer to that question seems to depend on where you're sitting with optimism breaking out in Australia's backyard, the Asia Pacific region, and gloom still dominant in Europe.
Australian stocks finished flat due to a lack of local and offshore leads.
At the close, the benchmark S&P/ASX200 index was 0.1 points lower at 4,413.0, while the broader All Ordinaries index was down 0.9 points, or 0.02 per cent, at 4,431.5.
Hartleys has reported a significant drop in revenue and a huge reduction in profit from its bumper 2011 result, but the stockbroker nonetheless remained well in the black, lodging a net profit of $10.1 million for the 12 months to June 2012.
An interesting event occurred on the Australian stock market yesterday, one that all investors should note because it could be good news, or bad. For the first time in months the top five stocks were all gold producers, or explorers.
The Australian share market got off to a flier this morning, before slipping, spiking and sliding again to be trading just under 3,900 points, in a volatile start to the week's trading.
The jerky trading comes after a horror week which ended in a two-year low.