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crisis, by pledging to improve food safety standards and promising to bring the culprits of the scandal to court.
But families of the victims say China's lack of openness, public accountability and official corruption mean they have little faith that similar poisonings will not happen again, our correspondent reports.Today, President-elect Obama officially became President Obama. One of his first actions will be to sign his epic stimulus plan into law. If all goes according to plan, this event marks a rare chance to get in on the ground floor of what I believe could prove to be a government-fueled market rally.
Money on the sidelinesBut first, consider this: Investors are sitting on a mountain of cash right now -- $8.85 trillion, to be exact. They're sitting on the sidelines ... waiting for something.
That mountain of cash represents a nearly two-decade high. According to Bloomberg News, the ratio of cash to market value is at its highest level since 1990!
Is that much cash enough to fuel a monumental rally?
Cash, meet catalyst
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