Review: Political Tribes: Group Instinct and the Fate of Nations by Amy Chua is an “accessible and provocative treatment [that] sets up just the right public conversation.”  (Washington Post)

Quote of the Day

"The whole point of compounding is that what seems inconsequential in the short run can grow huge in the long run in a process that is unnoticeably slow and easy to overlook."

(Morgan Housel)

Chart of the Day

The ISM Manufacturing report is at decade-high levels. (via @charliebilello)