SPACs, or blank check IPOs, were a high point for the IPO market. (WSJ.com)

Speaking of IPOs, expect big things from the Visa IPO. (DealBook)

“If investors couldn’t forget past financial disasters, they would never invest in new ventures or funnel money to developing countries.” (NewYorker.com)

More on stock market performance in the week between Christmas and New Year’s. (CXO Advisory Group)

What say one indicator about future volatility? (Daily Options Report)

High yield spreads have blown out. (Bespoke Investment Group)

“Monoline insurance mainly serves to boost muni market liquidity.” (FT.com)

Is a shakeout coming to the rapidly expanding world of ETFs? (TheStreet.com)

Just how big is the alpha universe? (All About Alpha)

More retail sales hype. (Big Picture)

The recession hasn’t hit just yet. (Econbrowser)

Maybe a recession in 2008? (American.com)

The Internet is unwinding the ‘network effects’ of the Wintel monopoly. (Silicon Alley Insider)

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