In case you missed these headlines:

Europe Comes Roaring Back” — front page, New York Times business section, August 14. (The headline was altered online.)

Asia’s astonishing rebound” — cover, The Economist, August 15-21 issue

So is it over? Is it time to shift our 401(k) portfolios out of the money market back into high-risk, high-yield global mutual funds? What happened to journalism’s Big Picture specialists? There’s never one around when you need them.