There, That Wasn't So Bad
It's still early in the trading day and anything could happen. But the financial apocalypse is not yet upon us. Despite the failure or firesale of three gigantic financial institutions over the weekend and hysteria in the financial press, the Dow Jones index of blue-chip stocks is down little more than 2% this morning. That takes stocks back to where they were on Thursday morning. Here's the market in realtime. (And now back to our regular panic.)