Book review: The Courage to Act: A Memoir of the Crisis and Its Aftermath by Ben Bernanke is “a robust defense of the Fed.”  (Economist)

Quote of the Day

"It is easier to conceal weaknesses, present an aura of invincibility and confound investors as a private company that can escape by making few disclosures than as a publicly traded one."

(Mike Moritz)

Chart of the Day

Has Brazil hit bottom?