Many people gave into fear and pulled their money out of the market in recent weeks while many were patient and saw the credit crisis as a natural consequence of bad lending that would eventually work itself out. Thanks to their patience and perhaps moves by the Federal Reserve, confidence is being restored and the U.S. Markets are rallying.

Of course restored confidence in the U.S. typically restores confidence worldwide and today the Asian markets surged as well. People seem to forget that recessions do not equate to depressions. Recessions are bumps in the road that are to be expected and can, as we have seen recently, be the result of bad decisions. So long as we can make necessary adjustments and correct ourselves without permanent damage then we will always learn from our mistakes and move on.