Stress tests finally print!  The Gov’t wants you to “feel good”…  Job losses decline on a weekly basis…  Happy Mother’s Day! And Now… Today’s Pfennig!

In the currency market, the dollar fell against the euro. Late Thursday, the euro was trading at $1.3145 vs. $1.3001 on Wednesday.

Three cheers for Topolanek!

In the currency market, the dollar was lower against the euro. Late Thursday, the euro was trading at $1.2818 vs. $1.2783 on Wednesday.

The Dow roared back yesterday. It ended the day up 379 points. Gold fell $22 – to end the day below $900.

Treasury Secretary Tim Geithner is taking his sweet time to work out the details of TARP II.  But for all the uncertainty surrounding his plans, we know one thing:  Zombie banks will not be allowed to go under.

623K new unemployment claims filed… G-7 begins today… Dealing from a position of strength… Valentine’s Day tomorrow! And Now… Today’s Pfennig!

In the currency market, the dollar sank against the euro. Late Friday, the euro was trading at $1.2932 vs. $1.2861 on Thursday.

598K jobs lost in January…  Currencies rally with stocks…  G-7 this weekend…  More thoughts on Gold… And Now… Today’s Pfennig!

U.S. companies that make and supply auto-parts to major carmakers are pleading for a bailout from Washington, as many are now on the verge of declaring bankruptcy. Auto-parts companies may seek between $10 billion and $12 billion in cash and guarantees from the federal government as soon as this week.