Too Rosy a Picture By Mark Manning About this article: Investors continued to push the market higher last week as the stress-test results showed no significant problems that couldn't be solved with a few billion dollars here and there. Did you really think it would be anything less than a rosy picture? This obviously led to strong price movements in several banking groups, as well as the insurance and financial sectors. It is apparent to me that the government is doing everything to avoid the perception that it has lost control, which can be clearly derived from statements like "None of the largest banks will be left insolvent," Which the Fed said after the recent stress test were finished. It appears to me the current administration is doing everything it can to buy time and keep the general public in the dark concerning the real underlying problems. It is allowing financial institutions to value their holdings... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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