The whole point of the plan is so that institutions of all kinds will start lending to each other.
The best measure of the willingness to lend between banking institution is the TED spread.
What is the TED spread? From wikipedia...
The TED spread is the difference between the interest rates on inter-bank loans and short-term U.S. government debt ("T-bills").
Anyhow, with the US$700b bill finally passing you would expect the TED spread to decrease. The difference between interbank loans interest rate and T Bill rate to narrow...
Nope. From Bloomberg...
As of 3pm US Eastern Daylight-savings Time (EDT), The TED spread is still at a record high of 3.8%.
I don't know where the US markets will close today.
All I can say is this.
1. The deal passed
2. The deal is the one final epic bullet the US government can fire.
3. It is having NO EFFECT.
My friends, next week. I believe we will see a crash.