Market futures are up this morning as GM announces that it is filing for bankruptcy.

Bonds finally rallied today after fallng for week after week in looks like an oversold bounce in today's stock market rally.

The yield on the 10-year bond has inched off of a 6-month high according to CNNFN.COM.

Bloomberg is reporting that durable goods orders fell last month to a 13-year low, putting the odds of a near-time recovery off into the future more.

Prices for homes fell 18.7% in March from a year ago according to the S&P/Case-Schiller Home Price Indices.

The drop was actually worse than expected and there is no sign of a bottom.

Yesterday gold and gold stocks rallied following a dip in the stock market and US Treasury bonds. Gold in fact went to its highest price level since March. It appears some investors are starting to go into gold as a safe haven. Gold stocks are benefiting as a result using simple stock trading strategies.

Today Alan Greenspan stated that the financial crisis it not yet over. He says even the banks are likely to have to raise "large" amounts of money. The stress test results were a snow job on the public.

US market are set to open higher as I type this following a gain of about %3 for the DOW, Nasdaq, and S&P 500.

At 8:30 investors will get a reading on housing and building permits for April.

Home Deport earnings are also set to be announced before the open.

Today the Motley Fool website ran an article saying we are in a new bull market. The author says we are in one because everyone is bearish and there are "fewer sellers."

The government has pretty much stopped the banking crisis by making sure that the big banks won't go bankrupt. It's going to cost taxpayers billions and bust the government's budget deficit, but the banks have been saved.

The stock market has rallied since March as a result. There are signs of so called "green shoots" in the economy.

For the past year we have seen records of all kinds made in the economy and stock market - from the depth of market crashes, to heights in the price of oil, big rallies in the stock market, and now a big drop in consumer prices.