Light at the End of the Tunnel?

[gregrichey]

World markets appear to be rebounding, but the TED Spread is the key indicator to watch.

ADDED 4:15 - Holy Cow:

Biggest One Day Gain on Wall Street - Up 936 Points
Europe Puts $2.3 Trillion On Line For Banks

Comments

[kat_chan]

Up about 11% today on the DJ. We'll see if it carries over or was just a blip.

[gregrichey]

Hopefully the US & European guarantees will be enough to give people confidence now.