The yield curve is about as steep as it gets.  What it means for stocks.  (Bespoke also Crossing Wall Street)

Have equities already priced in a sharp rise in corporate earnings?  (WSJ)

“The possibility that there’s a link between the calendar and stockmarket performance, mediated by some combination of behavioural bias and weather related conditions can’t be ruled out. ”  (The Psy-Fi Blog)

Should we care that next year ends in a ‘0’?  (Sentiment’s Edge)

Are sentiment indicators still useful?  (The Technical Take)

Even when correct, shorting is a difficult game to play.  (Bronte Capital)

On the use of liquidity as an investment style.  (Pensions & Investments)

James Kwak, “But the general point is that when everyone agrees on an investment strategy, they are probably wrong.”  (Baseline Scenario)

A new actively managed commodity ETF is coming to market.  (IndexUniverse)

There still are some asset classes that need ETFs.  (Morningstar)

“Option owners acquire certain rights when they buy an option.  Option sellers have no rights.  None.”  (Options for Rookies via Daily Options Report)

The best (free) institutional research.  (World Beta)

More details on the Optima farmland hedge fund.  (Clusterstock)

Why Warren Buffett is betting on railroads.  (Railway Age via market folly)

Homes are finally cheap for most Americans.  Or not.  (ROI, Calculated Risk)

The House Banking committee is too big to succeed.  (Big Picture)

When 42 is too old for investment banking.  (Times Online)

The Iranian regime now fears for its future.  (Economist, Huffington Post)

Even in a bad economic decade a great deal of progress is made.  (Howard Lindzon)

An interesting discussion with Charles Kirk of the Kirk Report.  (Wall St. Cheat Sheet)

A dozen economics books worth your time.  (Aleph Blog)

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