Review: The Financial Diet: A Total Beginner’s Guide to Getting Good with Money by Chelsea Fagan who is a “millennial writing, in colloquial language that is occasionally profane, for other millennials.”  (NYTimes)

Quote of the Day

"What is my recommendation to all CIOs, trustees, and UHNW family offices that have fiduciary responsibility?

Some private equity and other alternative LP funds are worth it after all costs (please don’t forget taxes for individuals and trusts), but beware."

(Preston McSwain)

Chart of the Day

The US stock market is in a very unique situation.