Along comes AEP at the UK Telegraph to remind us that all is indeed still doom-and-gloom.

It’s a sad reflection on the financial press that it took me over an hour last Friday to find one article with anything even remotely positive to say about Europe. I can sort of understand the US press, who want the world to put their focus elsewhere, but why is the rest of the world press so overwhelmingly negative. People still go to work, no-one is dying of starvation, and perhaps a few less flat screen TVs are being imported; life goes on.