Open Thread

October 21st, 2008 11:16 AM

For general discussion and debate. Possible talking point: We're a week and a half away from the market's intraday low of roughly 7800 (DJIA) on October 10. We're now at 9200, the dollar is at roughly a 1 1/2 year high, oil's down, gasoline prices are down, heating oil is down, natural gas is down.

On top of this, the short-term treasuries and LIBOR rates are showing some credit thawing.

How are you feeling about the economy today? Has the end of the world been postponed, and things look much better than the hysteria suggested two weeks ago? Or, are we in a lull period after huge volatility but before another shoe drops?