Recommendation: The Second World Wars: How the First Global Conflict Was Fought and Won by Victor David Hansen is “Strongly recommended, a shoo-in for the top tier of the year’s best non-fiction list, the writing is gripping too.” (Marginal Revolution)

Quote of the Day

"On Main Street, it's become fashionable again to talk about stocks. "

(Heather Long)

Chart of the Day

The yield curve has been flattening for seven years now.