The recent stock market rally may not be a bear-market trap or a “dead cat bounce,” but may in fact be the first signs of dust from an oncoming and unexpected bull stampede.

World stocks hit five-week highs on Tuesday on optimism a U.S. plan to purge toxic assets from banks’ balance sheets could ease the misery of the sector, but the rally also provided investors a chance to take profits.

While the U.S. Federal Reserve’s plan to buy more than $1 trillion in debt has helped unfreeze the credit markets, it has also effectively capped U.S. Treasury yields and undermined the dollar.

Fed opens the pocket book…  Creative measures…  Inflation/dollar debasement concern…  Currencies soar…  And Now… Today’s Pfennig!

“Substantial doubt,” say auditors at Deloitte & Touche. They’ve been studying GMs figures. The numbers make them wonder whether the automaker can continue as a “going concern.”

Federal Reserve Chairman Ben S. Bernanke said that he expects inflation to be “quite low for some time,” but that the Federal Open Market Committee will begin publishing its long-term inflation forecasts to promote transparency.

The dollar continues to rally…  Loan ratios figure big now…  Bank nationalization returns to Germany…  Gold pushes the envelope further… And Now… Today’s Pfennig!

Cheap and delicious food is here during the economic crisis. Buffalo Wild Wings (BWLD) will fly in the face of the recession. Its profits jumped 29 percent in the last quarter.

DEPRESSION II …The Horror…coming soon to theatres near you! “It’s gone deep. It’s gotten worse,” said the president.

While members of Congress debated the merits of President Obama’s $838 billion stimulus plan, Treasury Secretary Timothy Geithner unveiled a raft of new measures aimed at returning functionality to the besieged credit markets.