Oh What a Relief Rally... It Is!

Stocks rallied upon the revelation of the details of the auto company bailout revealed this morning by President Bush. Unfortunately, the terms of the loan can be changed at any time, so Mr. Bush is merely passing the baton in a relay race. This creates even more uncertainty about the future than the bailout that Congress was negotiating. Is that perhaps why the rally is starting to fizzle already, just 15 minutes after the news is announced?