Review: In 200 pages Benjamin C. Waterhouse’s book The Land of Enterprise: A Business History of the United States ably takes you through the history of US business. (Reading the Markets)
Quote of the Day
"Equities can compound in value in a way that investments in other asset classes, such as bonds and real estate, cannot. The reason for this is quite simple: companies retain a portion of the profits they generate to reinvest in the business."(Terry Smith)
Chart of the Day
Muni bonds are on a roll.