Open Thread

For general discussion and debate. Possible talking point: stocks are rallying all over the world.A number of measures were taken by the European Union Sunday to address the global financial crisis. The central banks seem to be coordinating a massive injection of currency all over the world. Unfortunately, the bond market is closed today, so it's tough to tell how the credit markets are responding to all these plans. Regardless, will all this stimulus, intervention, and bailing out work? Will we look back at Friday's low as the greatest buying opportunity of a lifetime? Or are today's stock moves an oversold dead-cat bounce that will prove short-lived?

NB Staff
NB Staff