Day after day we hear from one elected/appointed official after another, each telling us that things are under control because they have a “plan”. Mostly it sounds to me like they have a “plan for a plan”, and that in fact, they have little to no experience in actually running a business,

Following my update, I have included an article from one of the foremost economic analysts of our time, Ambrose Evans-Pritchard. He called the subprime crisis just 6 months before it hit, and this weekend came out with extraordinary comments about the banking …

This will be a quick but important update. The Obama administration, along with our new Treasury Secretary, will be announcing their financial bailout and fiscal stimulus program early next week…likely on Monday or Tuesday. In light of this, look for the market to trade higher in the short term.