Depressing Business News Roundup

Orders for durable goods decreased 5.3% last month, while the head of UBS - an idiotic Swiss bank that lost loads of money being greedy - says we're in the worst banking crisis since 1929 (do tell!). Home prices continue to plunge (by a record in the 4th quarter) - did I mention my property taxes are going up? Now the contagion is spreading to small and mid-size banks. Such jolly news for a Wednesday. I imagine the Fed will step in and try to prop up the market in some manner today or tomorrow because this load of bad news will begin to weigh on it. Beware the Ides of March!