List: The best books the Vox staff read in 2017 including Juli Berwald’s Spineless: The Science of Jellyfish and the Art of Growing a Backbone.  (Vox)

Quote of the Day

"No single model is perfect. It will have flaws. It will not capture all market behavior. It may fail during turning points. The parameters may be wrong or the values have not been measured correctly."

(Mark Rzepczynski)

Chart of the Day

Commodities have lost ground relative to the S&P 500 for the past decade. (via @teasri see also this piece at Bloomberg.)