U.S. stocks rose on Thursday, underpinned by a rebound in technology shares, while renewed concerns about the economy boosted defensive stocks.

Despite the worry of a flu pandemic, a unexpectedly large contraction in US GDP and a recent prediction by the IMF that US banks’ loan losses would top $2.7 trillion, the world, as Justice Litle puts it in Taipan Daily, “is pounding the table for a V-shaped recovery.”

”Despite the bad news the market is confused,” says Crisis Strategy Alert senior analyst Charles Delvalle.
On Monday the futures were down over 80 points. Yet somehow, the market ended the day in the green.

The path to permanent wealth is paved with high-yielding dividend stocks and reinforced with gold. With a housing market that’s in tatters and an economy that’s reeling, most U.S. investors see the current market as perhaps the worst ever to even think about such topics as saving, investing and wealth.

Wall St slides on bank jitters, earnings outlook caution… US dollar rallies broadly as equities worldwide tumble… Government debt shines on banking worries flare up… Oil drops over 8 pct on economic outlook, dollar rise

Since sinking to a 12-year low of 676.53 on March 9, the Standard and Poor’s 500 Index had risen 24% — the best such short-term rally since 1933. But this isn’t 1933 and you shouldn’t trust the rally. Happy Days are NOT here again, at least not yet.

How to make 300% off Washington’s lies. I don’t like to think that I am actually that much of a curmudgeon. I will concede, however, that historically, economically and financially speaking, lies and liars are probably closer to the norm than not.

With every proposed financial fix-up plan for the U.S. banking system, there’s always been one major sticking point: The logjam of hard-to-price – and even “toxic” – assets clogging the balance sheets of banks, investment houses or any other type of company with an involvement in the financial-services sector.

Geithner rescues the stock market…  Commercial real estate, the next big drag…  Norway: the new safe haven…  China pushes for a new reserve currency… And Now… Today’s Pfennig!

Unemployment is on the march, the plummeting housing market has yet to find a bottom and top U.S. companies in the banking and automaking sectors remain downright shaky.