Primary reason is too stop margin calls as Banks assets are undervalued and liquidity has dryed up again.
I think this will be a reacurrung theme with the Central banks giving the retail banks time to recover and consolidate their losses.
If the market tanks it pulls everybody down with it including the banks.
A market rally and pull back in commidity prices will level of any worries that we were heading for a large hole.
The FED only has 700billion up it's sleave so another injection is not likely as they have done just about all they can apart from selling off their GOLD reserves.
US exports are growing too indicating that internal pressures on inflation are being capped and with China's inflation roaring and less investment there now of US & Euro funds will help boost Western economies.
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