Book review: The Perfect Bet: How Science and Math Are Taking the Luck out of Gambling by Adam Kucharski is a must-read for anyone who bets.  (WSJ)

Quote of the Day

"Overall, as a tool of monetary policy, negative interest rates appear to have both modest benefits and manageable costs; and I assess the probability that this tool will be used in the U.S. as quite low for the foreseeable future."

(Ben Bernanke)

Chart of the Day

Health care has been left behind in this rally.