Sentient Money

My favorite market analyst Barry Ritholtz, at The Big Picture, has called for:
“Bottom line:  A bounce, similar to January, only not as strong or long-lasting. And, its not a lasting bottom.”
I couldn’t agree more.  Things are getting worse not better.  GM and Ford can’t sell any SUVs or trucks, and only people buying cars are [...]

This question is starting to circulate through the country.  People have seen their investments take a big hit since last fall.  Some of the indexes are closing in on a 20% loss, and with oil rising, there appears to be no bottom.  But, 20% has to be close to a bottom…right?  20% is a lot.  [...]

Bill Gates has officially left Microsoft. He leaves to run an absolutely gigantic charity with the power to institute real world change. His future and the acts of his charity will be a fascinating story, but not the one I’m focusing on for this post. I’m more interested in how Microsoft fares without Gates.
Will the [...]

I know I have been focusing on oil, but it seems to be the main market factor at this time.
Here are a few links to some quality articles on the current oil crisis:

Bye, Bubble? The Price of Oil May Be Peaking - Barron’s
Oil Conspiracy Theorists: Rev Your Engines - Salon
Gas Prices Edge Lower - [...]

The price of oil is starting to stir the big players:

China plans raise gas, diesel and aviation fuel prices for their citizens by 8%. The Chinese government controls price, so they are reducing their subsidy to increase the price of basic fuel. http://money.cnn.com/2008/06/19/markets/oil/index.htm?cnn=yes

Saudi Arabia will increase oil production by 500,000 barrels a day in [...]

The big question up before congress right now is whether or not to open up more areas of our country to the oil companies (offshore drilling and drilling in protected). The answer to this question should be easy for anyone who pays attention to how things actually work. The answer is an emphatic [...]

The oil traders were taking profits today, thus easing the fears of the market and allowing a small recovery. Don’t be fooled by the slight bump the markets will receive tomorrow from further selling in oil. No one wants to hold the kind of profit these traders have made over a 3 day [...]