Nearly (truly?) alone at CNBC, David Faber appears willing to entertain the possibility that the recent/ongoing rally in equities is something other than the bright light at the end of the tunnel. A few minutes ago, he interviewed Willem Buiter, whose maverecon blog at FT.com is a must-read.
Here's a Buiter line from the Faber interview that rang true to our probability-minded shop: "While everything is possible, not everything is likely." Indeed.
And here's the item Faber referenced, whose title ("The green shoots are weeds growing through the rubble in the ruins of the global economy") wins the award for Best of 2009 So Far.