Tuesday, October 7, 2008
Things are loosening up. Started yesterday, despite the Dow collapse, but really seeing movement today. It's still early, but my sense is the worst is over. I don't know if it's the bailout, or people are just tired of living in fear. Rather hope it's the first, as the fear can easily come back once people catch their mental breaths, as it were. Once they've decided the bailout is working, even though it hasn't been implemented yet, there's little chance of going back.
Posted by MG at 12:35 PM