Book review: Good for the Money: My Fight to Pay Back America by Robert Benmosch√© with Peter Marks and Valerie Hendy is a “fitting tribute.”¬† (Reading the Markets)

Quote of the Day

"This is not to say that hedging currency risk has zero merit, but I believe that investors (and indexes) have a near-zero chance of regularly and effectively timing currency movements."

(Ben Johnson)

Chart of the Day

While you weren’t paying attention the S&P 500 is hovering around a 15-week high.