Book notes: Why Safety Can Be Dangerous and How Danger Makes Us Safe by Greg Ip is “an intriguing new book.” (Reading the Markets)

Quote of the Day

"The thing is that there are no simulations that can prepare you for the emotions you feel when investing actual money in the markets. The feelings you get from making or losing money can’t be simulated. "

(Ben Carlson)

Chart of the Day

Less than 10% of global stock indices are above their 200 day moving average.