Stocks rallied today on news of better than expected results from the investment banks Lehman Brothers and Goldman Sachs. This news comes amid recent volatility in world markets sparked by the fall of one of the country's oldest investment banks, Bear Stearns. The US Federal Reserve also slashed interest rates today by three-quarters of a point.

Still, former Federal Reserve Chair Alan Greenspan says that the US is faced with the worst financial crisis since World War Two, and experts are worried that the economy is headed in to a recession.  Africa Jones reports.