The auto bailout will fly through the House today but it will likely ne Friday at the earliest before it comes up for a vote in the Senate. After the TARP fiasco (congresspeople are beating Kaskari like a rented mule today) a little deliberation may be a good thing.
Stocks are off their highs, up 100 points on the day. They were up about 175 a few moments ago.
EUR/JPY has dipped back below 121.00 after a short-lived rally to 121.24. EUR/USD reached 1.3051 and now trades at 1.3015.
