Review: Derek Thompson’s Hit Makers: Why Things Become Popular should be read for “insight and provocation.”  (FT)

Quote of the Day

"Moving money out of stocks because you need it within the next few years and can’t stomach that kind of risk is one thing. But making a move just because you lack confidence in President Trump could be a case of letting ideology trump investing discipline."

(Neil Irwin)

Chart of the Day

Yields have been rising. Real yields are a different story.