Stuff I’m Reading this Morning…
Felix: The big mistake of bailing out Ireland’s creditors is about to repeated for all of Europe. (FelixSalmon)
Steve Spencer: “One of the strongest psychological urges traders face is exiting positions that are working.” (SMBCapital)
The Pearl Harbor attack, 70 years ago today. Eddy shows us how to use Google Earth to see the ships underwater. (CrossingWallStreet)
David Merkel: Why have the P/Es of the largest companies compressed? (AlephBlog)
CNBC’s All-America Economic Survey is out, Americans hate the stock market but plan to spend on Christmas gifts. (CNBC)
But Barry says never mind that nonsense, people are really bad at forecasting their own actions. (TBP)
Economic unfairness is a permanent feature in America. (bclund)
Kristin’s watching the fine wine index as a tell for the luxury goods sector. (TalentedBlonde)
Bloomberg doesn’t take too kindly to Bernanke correcting them about their secret fed loans scoop. (Bloomberg)
Reverend Al Sharpton lost 500 pounds or something, here’s how he’s keeping it off. (WSJ)
Citi: The Five D’s of Dystopian Markets. (ZeroHedge)
Meet my new hero, the man seeking to go email-free at his corporation. (LAT)
The most savage Thomas Friedman takedown yet. (Guernica)
Paul Tudor Jones gives back. (AbsoluteReturn)
Don’t miss my daily linkfest for financial advisors this morning! (WSJFA)
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