As charts go, the buck looks better than stocks ...

This is one of those times when we’d like a straight answer; we’re likely not going to get one, though ...

The opening act of the US bank stress tests has unfolded with attention paid only to Citigroup and Bank of America so far. We were not told these banks necessarily failed the stress test (we wouldn’t want to unfairly scrutinize banks based on their merits.)

We weren’t told these or any other banks passed the stress tests, either. Heaven forbid we end up with another New Haven, Connecticut firemen mess on our hands.