Well, retail gas prices set a new record high again, $3.978/gallon, making 26 new records in 27 days, and yesterday was flat, even though oil fell just under $4 to $123.99/bbl, and it’s $11.19 lower than the record on May 22.

Lehman is expected to post a loss of around 1/3 billion, and is making noises about selling more stock to raise about $4 billion in capital, which has driven the dollar down a bit.

The fact that the dollar has fallen today is odd, given that Bernanke has said that he is concerned about the weak dollar and that further rate cuts are unlikely, both of which should serve to strengthen the dollar, at least in the short term.

In the mean time the Fed shoveled another $75 billion to banks as a part of their sh&^pile for cash scheme, so perhaps someone is noticing the sound of printing presses at the Bureau of Engraving and Printing going to warp 9.

Finally, we have Thornburg Mortgage delaying its earnings report to the SEC, which in these times almost always means bad news.