Bull markets, they say, climb a wall of worry. Bear market rallies . . . I don’t know what they say about them, but if this is the former, there most certainly seems as if there is enough to worry about and if it is the latter, my vote would be to something along the lines of “bear markets are like walking on eggshells.”

Unemployment and its effect on the much mentioned U.S. consumer, headlines tomorrow’s market activity. Will “cash for clunkers” be the Cinderella story of this recovery and revive Joe Sixpack’s desire to lever and spend or will the stimulus, which is still having a more potential than kinetic effect burn off like starter fluid on a brick?