The chances that the spring ... may belong to us too

[blwings]

"The chances that the spring, that's for everyone, like in the popular songs, may belong to us too — the chances are pretty bright at this time because as usual, I can carry most of contemporary literary opinion, liquidated, in the hollow of my hand — and when I do, I see the swan floating on it and — I find it to be you and you only."

I met this sentence in F. Scott Fitzgerald's letter to his wife Zelda.
I wonder if there is an ellipsis of "are" in the bolded part because I saw the phrase "the chances are that" a lot of times.

 

[Tarheel]

"The chances that the spring, that's for everyone, like in the popular songs, may belong to us too — the chances are pretty bright at this time because as usual, I can carry most of contemporary literary opinion, liquidated, in the hollow of my hand — and when I do, I see the swan floating on it and — I find it to be you and you only."

I saw this sentence in F. Scott Fitzgerald's letter to his wife Zelda.
I wonder if there is an ellipsis of "are" in the bolded part because I saw the phrase "the chances are that" a lot of times.

The word "are" does indeed seem to have been left out of that phrase. (I probably wouldn't have dwelled on that and would have simply kept reading.)

 

[stanislaw.masny]

I think singular is correct here because it is about spring, not chanses. But this is my private feeling. I'm neither a teacher nor native speaker.of English.