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What Corporate Yield Spreads Are Telling Us About Equities

File under this time it's different. Gravity has been altered.

Warren Buffett on Goldman Sachs and the Financial Bailout Package

If there is anyone who understands markets and why buying assets in a distress situation can lead to great profits, it's Warren Buffet. As he said "I would do this myself if I could get the terms the government is probably going to get and had the liquidity." If for one believe that. When the storm clouds are darkest is when Warren Buffet is out on a shopping spree. Stand back and watch.