Following last week's steep decline, today the DJIA experienced "the biggest single-day percentage gain in 75 years" after "governments and central banks around the world mounted an aggressive, coordinated campaign to unlock the global flow of credit, an effort that investors said they had been waiting for."
Paul Krugman (now Nobel winner), on his blog, posted this cartoon which was published in The Economist in 1987, but it seems very relevant today in an attempt to rationally explain the heck is going with the financial markets.
