The market is hanging in very well as we approach lunch considering the bloodbath in the premarket futures before the open.
I am expecting some very big news on economic policy Monday. I haven't seen a day in the life story on Obama for today so hopefully he's at a conference table with some guys and gals who know what credit default swaps are. Geithner and Obama have both indicated plans to reveal specific policies imminently. Since there is no quick fix, especially to unemployment and morbidly illiquid "assets", the potential upside is confidence-related.
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