Happy New Year to all of our readers. End the year with a look at Wired’s absolute favorite gadgets of 2014 including the Apple iMac with Retina 5K Display.
Quote of the Day
"Advice that sounds basic but is important isn't as valued as complicated advice that is necessary only if you ignored the basic advice to being with."
(Morgan Housel)
Chart of the Day
It has been 787 trading days since the last daily decline of 3% or more in the S&P 500 index. (via The Whole Street)
Markets
- 2014 was the year of the REIT. (wsj.com)
- No wait, it was the year of the long bond... (stockcharts.com)
- 2014 was a good year to be long coffee. (fortune.com)
- A lot of investors got blindsided by the drop in MLPs this year. (alphabaskets.com)
- Don't look now but Mom and Pop and buying domestic stocks funds. (cnbc.com)
Companies
- Can Tesla ($TSLA) survive falling gasoline prices? (marketwatch.com)
- The most innovative big companies of 2014. (readwrite.com)
Finance
- High frequency traders are set to bring the Internet to the Arctic. (qz.com)
- Xiaomi Corp. is now the world's most valuable tech startup. (wsj.com)
Global
- The rising dollar is putting the hurt on emerging market corporates that borrowed in dollars. (wsj.com)
- The ugly story that is the Greek stock market. (jlfmi.tumblr.com)
- What the West got wrong in fixing the economy after the financial crisis. Insights from RIchard Koo's "The Escape From Balance Sheet Recession and the QE Trap: A Hazardous Road for the World Economy."* (economist.com)
Economy
- Weekly initial unemployment claims continue to trend below 300k. (calculatedriskblog.com)
- Where jobs were added in 2014. (fortune.com)
- On the prospects for a Fed rate hike in 2015. (calculatedriskblog.com)
- Why you should expect cheap oil to persist in 2015. (slate.com)
- Home price increases are slowing per Case-Shiller. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Personal finance links: simplifying your financial life. (abnormalreturns.com)
- What you may have missed in our Tuesday linkfest. (abnormalreturns.com)
