Murmurs of "Coiled Springs"

More Half-Full Glasses

The deeper the slump, the zippier the recovery.

--The Wall Street Journal (9/19-20, 2009)

Just six months ago, the mantra of the hour was, "the bigger the party, the nastier the hangover."

That was succeeded by the "green shoots" metaphor.

Now, I am seeing variations on "the steeper the fall, the more robust the recovery" (also known as the "V-shaped" recovery scenario).

Do I hear any murmurs of economic "coiled springs" about to be unsprung?

(Yes, I do -- that's the metaphor being pushed by Charles Schwab's chief investment strategist, Liz Ann Sonders).