VP of Common Sense

Greenspan's Latest: Oil Boom Will Likely 'Go on Forever'

Forever eh? Based on his previous predictions that would be a clear short sign.

The Current State of the Solar Energy Sector

Re: Smokey - Why don't rich people have solar array's?

Vanity. The same thing that explains most of their purchases.

(Bill) Grossly Overstated

So if 1/3 of countrywide's subprime mortgages are in default, that would be a long way from 2%, right?

2008 Earnings Estimates Overly Optimistic; Bottoming Process Beginning?

We've been bear for <4 months, and we're already at the bottom? What a bullish commentary.

Hewlett-Packard Looks Recession-Proof

Bonds and shorts are bear proof.

The Fear Is Palpable. Time To Buy.

I think the bottom, or within a couple percent, will be apparent when VIX comes down a bit. To say it another way, it's not going to go back up as fast as it has come down.

Vice Fund Beats “Faith-Based” Investing

5.5% load! That's not christian...

Bear Stearns Looking Decidedly Cheap

Nope, the most logical explanation is that Felix is high.

Does a Slower Economy Mean Lower Oil Demand?

I've seen variations on this theory in a number of places, but there is never a mention of the significant increase in the international demand for raw materials.

As the USA continues to move away from manufacturing (or goes into a recession) the effect of our economy and potential reduction in consumption of raw materials on global commodity prices isn't going to be what it once was. By extension if that is true, then a recession would be more severe than in the past, because there won't be much of a price cushion.