Dr. Doom's take on the stress tests

The whole Wall Street bailout is a joke.

Someone is going to be off the A list soon. One last attempt at fame.

so what the hell is gonna happen to the bank stocks...i need to get out of BAC soon...but my greed is getting the best of me...$18 any one?

maybe

What worries me a hell of a lot more is today's yield on the ten year. Have the Chinese bailed? Is smart money going to equities (not) because the economy is better? The interest rate pressure seems even more potentially intense all of a sudden, and while I still think the Fed has to do everything in their power to keep rates down in the near term, it may come at an even greater cost, and with slightly less efficacy. If rates matter to you, keep a keen eye out for what you might spy (awkward movie ref).

it doesn't worry me one bit that the silly money funding persistent deficits proves to be limited. it's the only real constraint obama has to spend his way out of the crisis without fixing unsustainable imbalances and out of whack spending. the sooner he's asked by the mkt to slow down on debt piling on the next generation the better (imho).

i cannot imagine going for long term bonds at anything approaching today's interest rates. don't know when, but soon enough these rates have got to go up...way up.

It's over for Bernanke and the Fed, he shot his load, no more left. 00 Nada goose is cooked real estate will plunge further when interest rates spike!!!

I think it's time to disband the Fed altogether at this point anyway.