Dan Amoss thinks he’s found the next culprit. And this isn’t just a gut feeling, there’s real evidence here. Is the worst behind us? Dan doesn’t thinks so.

In the currency market, the dollar firmed against the euro. Late Tuesday, the euro was trading at $1.5482 vs. $1.5541 on Monday.

The real problem with the inflation/deflation battle…when your farthings aren’t worth what you thought… Which way will this tug-of-war go?…the end of a 28-year long road…the trouble with food…Dismembering the financial sector…the loose financial mores of the U.S. financial system…and more!

US stock futures are pointing up following news of a $5 billion cash injection into Washington Mutual.

According to a report in The Wall Street Journal, the mortgage lender is close to a deal to get a $5 billion injection from TPG and other investors — a deal not brokered by the government, as was the recent Bear Stearns bailout.

The deal seen by some analysts as a sign that the financial sector is starting to pull out of the credit crisis.

US markets marked the strongest second quarter start since 1938, reports Money Morning.

The rally in financial stocks led the three major indexes to post gains of more than 3%.

At the New York close, the blue-chip Dow Jones Industrial Average Index had posted a gain of 391.96 points (3.20%), to close at 12,654.85.