Book list: JP Morgan’s Holiday reading list including America’s Bank: The Epic Struggle to Create the Federal Reserve by Roger Lowenstein.  (MoneyBeat)

Quote of the Day

"The problem with both medicine and investing is this: Advice that sounds basic but is important isn't as valued as complicated advice that may only be necessary if you ignored the basic advice to being with."

(Morgan Housel)

Chart of the Day

Brazil’s stock market has had a miserable five years.