World stocks climbed strongly on Monday for a fifth session running, lifted by hopes that the U.S. economic downturn may be bottoming out as investors sought to take advantage of cheaper equities.

The dollar remains strong…  GDP sinks to -3.8% …  Central Bank rate meeting week…  Gold outperforms just about everything! And Now… Today’s Pfennig!

Equities surged around the world on Monday with investors taking heart from a likely rescue plan for U.S. automakers, a proposed U.S. jobs plan and more government stimulus measures to reverse economic decline.