Risk On: Bank of America News Helps Currencies
January 16, 2009 at 09:59 AM EST
The theme in the markets this morning is a return of risk appetite. The US government has bailed out Bank of America for the second time, reminding investors that they are still here and ready to help the banking sector. BoA received another $20B to ease their absorption of Merrill Lynch. So far, they have [...]