Book review: Money, Taste, and Wine: It’s Complicated! by Mike Veseth debunks some wine-related myths is an “enjoyable read.”  (Reading the Markets)

Quote of the Day

"Caught between their brains and hearts, traders struggle in markets for the same reasons most of us have struggled in romance. When we feel strongly, we can make decisions that are relatively brainless. When we make decisions strictly from our brains, we can end up with practical choices, but not inspiring ones."

(Brett Steenbarger)

Chart of the Day

A historical comparison of margin debt including China’s current situation.

(guggenheimpartners.com)