Japanese investment bank Nomura has declared that the global financial crisis is finally over, announcing: "The end of the end of the world" is here.
Its verdict came in a report last week that wrote off 2013 as the last of the crisis age and shone the light on next year's themes of global economic recovery and a return to more normal financial conditions.
But if there is any lesson that should linger from the 2008 crisis, it is that danger lurks in exuberance.
Indeed, even as developed economies slowly get back on their feet, global markets are one step ahead of them.