So oil is down to $115.00/barrel today, the Dow is up, the dollar is up against the Euro and the British Pound--since they didn't raise their interest rates--and the Olympics starts today in Japan.
A big news day, to be sure.
The question for the banks--and the American people--is, will we witness and have to finance another bank failure in the next 24 hours? Will the FDIC have to march into yet another bank this evening and close it up because it's "upside down", financially.
Hopefully not, certainly.
If they don't have to, it would be nice to break the 3-week straight we've had on these things.
Hopefully it's a quiet, uneventful evening and weekend.
Enjoy, y'all.
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