Suddenly all is doom and gloom again.
We still have the Iraq situation and the wider terrorist threat to our cities looming over us. Now there is talk once more of lorry protests as hauliers, farmers and others lose patience with soaring petrol prices.
But that is not the half of it. The latest Business Week magazine lists all those little threats which bring sleepless nights to MI5 and MI6.
A stolen or home-made nuclear bomb explodes in a major world city. Terrorists mount a biological attack, as has happened before, notably in Japan.
A so-called dirty bomb. Or simply terrorist attacks on multiple targets which we have seen on the Twin Towers in New York, the Spanish train network and the London tube. Then there are the natural disasters.
We have had the tsunami and Hurricane Katrina.
What happens if that long awaited massive earthquake takes out San Francisco or the caldera under Yellowstone National Park blows?
How about a pandemic such as bird flu? Or maybe another Chernobyl but worse?
Ready to go out and shoot yourself yet?
This constant battering of bad news and even grimmer prospects seems to be getting through to Joe Public even if, typically perversely, the stock market has been rising.
Many people seem to have woken up to the fact that their debts are too high and their savings are too low.
Hence stores are moaning that life on the High Street is tough. People are spending less, particularly on big ticket items.
Our pension system - once the best in the world - is a shambles and even house prices have stalled.
Summer is nearly over and there's no more glorious Ashes cricket to watch.
Thank goodness there is always a silver lining of some sort for our companies.
Hill & Smith is making money out of terrorism by providing more temporary steel barriers for security at high profile international events like the G8 summit at Gleneagles.
Birmingham-based Hiatt is making handcuffs for use at Guantanamo Bay in Cuba.
And investors will be keen to hear what power and air systems group Aggreko has to say on the likely impact of Hurricane Katrina on third quarter earnings in the US when it posts interim figures on Thursday. Despite some short- term disruption it seems inevitable the clean-up and associated rebuilding will result in strong demand for temporary power generation.
So, as they say, it is an ill wind that doesn't blow somebody any good. What I always admire about this country, epitomised by Birmingham, is that we tend to be at our best when the going gets hard.
The bigger the challenge, the better - sometimes after a stuttering start - we rise to the occasion.
In posh circles they call it a stiff upper lip.
I prefer to view it as a typically bloody-minded refusal to be pushed around coupled with an enormous capacity to help others when they are down.
Is the world a more dangerous place? I doubt it.
And always remember - we still live in the best country there is.