One month after the severe drop in BSC and after the FED introduced a 28 days plan. Will credit markets detoriate much more?
It looks like Freddie Mac is going to bail out the 4 major banks. That will prop up the market. The dollar will probably be what eventually takes the hit, although that is probably going to slow somewhat since the Europeans are starting to see inflation so it'll be harder for the dollar to drop against the Euro.