In this weekend’s Thoughts from the Frontlines, I quoted from part of a very thoughtful, right-on-target analysis by David A. Rosenberg entitled “The Elusive Bottom.” Over the weekend, I decided that you should read the whole piece, as Rosenberg makes some very solid points about how the markets and the economy may play out over the next few years.

The big New York newspaper is at it again. Instead of the usual full frontal praise, Mark Hulbert gave yet another subtle pat on the back to index funds this month.

It is easy to think about the credit crunch in terms of banks. The banks made these weird structured products, the banks are responsible for the borrowing rate, the banks falling market cap is dragging on the FTSE, etc.

The latest is in from Sadia: It’s a bull market in food. Sadia is one of the largest food companies in the world, and Brazil’s largest meat exporter. Its operations sit in the world capital of cheap labor, abundant water, and fertile soil.

Great news! The Big Number just came out, and it’s the worst it’s been in decades. I’ve been waiting for this day… We’re about to make a lot of money!