My Christmas morning reads:
• This Christmas, Be Grateful You Didn’t Put All Your Money in Oil and Gold (B Politics)
• Now that the Dow has hit 18,000, let us remember the worst op-ed in history (Washington Post)
• Mohamed A. El-Erian: Wow! What the Jump in U.S. Growth Means (Bloomberg) see also The Most Encouraging, Least Noticed Economic News of 2014 (TNR)
• One of the Worst Arguments in Finance (A Wealth of Common Sense)
• Never Buy Expensive Stocks. Period. (Alpha Architect)
• Fresh Doubt Over the Bailout of A.I.G. (NYT)
• The Ghost Christmas Past: A Look At the History of Christmas (Farnam Street)
• Is Chinese Takeout Really More Popular on Christmas? An Investigation. (Slate) see also Why American Jews Eat Chinese Food on Christmas (The Atlantic)
• Santa Delivering Drones for Christmas Amid Rising Safety Concern (Bloomberg)
• Why Muslims Love Jesus Too: The virgin birth is mentioned in the…what…gasp…Koran?! It is indeed. So have yourself a merry Muslim Christmas. (Daily Beast)
What are you doing this holiday?
Oil’s Drop Hits Big Investors Hard
Source: WSJ
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