Market rode despair lower as world banking seems to taking a bit of hit. Imagine all those smart government subsidized bankers not being able to get figure out how to run a world with no job growth, no return on savings, and no margins to screw people.
TARP, the debt ceiling deal, and every pro business ruling by the Supreme Court, all been to the corporate world's advantage. It may be an oversight by investors to bail so easily, but being burned again seems so cruel. Ultimately, the best investments are not in cash and fixed income but in US companies who will continue to have a world of economic accommodation each time world economic order tilts.
