Cars vs. Bankers
As to news, two issues are at the forefront today; 1) the age old partisan battle between politicians backing financiers and the labor unions is at the crux of the Detroit loan impasse; and 2) we will see another phase of the Paulson/Bernanke Show.
From a market standpoint nothing new from yesterday, just a little more downward pressure against a floor. This will lead to a more volatile upward move.
8:08 AM CST