Book alert: Looking forward to reading the latest from Meb Faber, Global Asset Allocation: A Survey of the World’s Top Investment Strategies.  (Meb Faber Research)

Quote of the Day

"In essence, novelty causes stress and stress causes us to behave differently from the way that we do in more normal, less novel, situations. "

(Tim Richards)

Chart of the Day

Consumer discretionary stocks have been crushing their consumer staples cousins.