Here’s the good news, everyone: no crushing developments occurred today.  Unfortunately, the economy didn’t exactly find a gazillion dollars it had misplaced in some pants pocket, either, and we seem to be more or less stuck in a period of waiting.

Elizabeth Trotta wrote a nice roundup that covers the state of things.  Automakers are still out of luck in regards to a bailout, of course, and if any of them manage to slip into bankruptcy, everyone had better prepare for a rough ride.

A slightly more positive possibility on the horizon: having interest rates lowered again.  Not that this will help a lot of people who are already stuck with mortgages, but businesses might start spending again if money becomes easier to get.

Then there’s the price of oil to consider.  Even if the average consumer doesn’t want it to go up, experts feel that having it stabilize is a good idea, and OPEC is thinking about cutting back production towards that end.

Whew.  Calm before the storm, eh?  We’re likely to see some big news items on these fronts (and others) before next week’s post, so keep checking back.