It doesn't matter to the squid as they always win and they got rid of a lot of competitors during the bubble, those that were not big enough to fail. Time to rinse and repeat and keep throwing the muppets/peasant serfs under the bus. Life is great at the top!
The question is not what they are telling their clients... what are they doing themselves? Do they see this as a short term wave that they can ride for a quarter or two, or are they banking *pun intended* on a long term trend upwards?