
What I'm reading this morning:
- Don't look now, but oil is back above $62 (Reuters)
- Why Saudis Decided Not to Prop Up Oil (WSJ)
- Deflationista Queen Gary Shilling's talking about $20 oil. (Bloomberg View)
- The first Russian bank bailout, aka TSARP, now in progress (Business Insider)
- China offers a helping hand to Putin (Bloomberg)
- Could Russian stocks get kicked out of the Emerging Market indices? (ETF Trends)
- Jason Zweig: Did you Petro Panic last week? (Wall Street Journal)
- Separating Facts From Popular (But False) Narratives (Fat Pitch)
- Wage pressure is on the way and many employers are not ready for it (CSEN)
- Key insight from Charlie Bilello: Sector behavior changes over time (Charlie Bilello)
- Strategies can beat the market, you can't (Michael Batnick)
- One of the Worst Arguments in Finance (A Wealth Of Common Sense)
- Brand new interview with Bob Shiller (ETF.com)
- "Most importantly never, never, never believe a salesperson’s spiel that performance fees are good for you, the investor." (The Big Picture)
- British Bernie Madoff's ponzi unraveling now, trader is nowhere to be found (Telegraph)
- Yankee great Jorge Posada ripped off by his financial advisors (New York Post)
- Goldman's David Kostin on this year's massive fail for mutual fund managers (Business Insider)
- Can't believe Meredith Whitney's hedge fund wasn't a good idea. Sounded like a slam dunk. (Bloomberg)
- Awesome collection of comedians' quotes and jokes about money and finance (25iq)