Sentient Money

Per Bloomberg, this is the biggest 10 day rally since 1938.  The relief is visible on the faces of our “vaunted” CNBC hosts and in the voices of the many financial pundits from the WSJ and other financial papers.  They are all acting like everything is fine, well, it’s not. 
On the outside, the recent gains [...]

This is what Andrew Ross Sorkin of the New York Times advocates (you know he is cool because he uses his middle name).  We should just go ahead and pay the AIG bonuses and count ourselves lucky. 
“So here is a sobering thought: Maybe we have to swallow hard and pay up, partly for our own [...]

The International Energy Agency (IEA) released a report in November 2008 detailing future energy production.  The report focuses on oil, of course.  Guess what?  We are entering a period of declining energy production:
The world’s energy system is at a crossroads. Current global trends in energy supply and consumption are patently unsustainable - environmentally, economically, socially. [...]

Is this the ultimate use of Buffett’s “be fearful when others are greedy, and greedy when others are fearful” rule?
Billionaire Warren Buffett, whose Berkshire Hathaway Inc. posted its worst results ever in 2008, said the economy “has fallen off a cliff” and that efforts to stimulate recovery may lead to inflation higher than the 1970s. [...]

I have one word, and it’s a word you have heard over and over again…China. I know…I know, I’m not coming up with anything new and earth shattering, but it still needs to be said with conviction. Why? Because, even though everyone talks about China there always seems to be an air of non-committal or [...]

That appears to be what all the markets are hoping for, as there is no other good news.
Chinese Premier Wen Jiabao is considering new stimulus measures, adding to a 4 trillion yuan ($585 billion) spending plan as the government tries to revive growth in the world’s third-biggest economy.  -Bloomberg
I must admit I’m more than a [...]