Stress Tests and The Stock Market

Despite some banks being tagged as needing more capital to stay solvent, the stock market rallied today. Such an occurrence is representative of a current rise in optimism in the country that the economy will recover by year's end. 

Sometimes I'd like to think that what people think is more important than what actually is true. In this case, a rise in faith coming from the American people can only help the nation recover as better spirits should increase consumption just as stimulus packages can.