The headlines about this morning’s November Non Farm Payrolls report from the BLS are rolling in and they’re almost universally great. The data from any one month is not terribly important and, as we often discuss here, these numbers are prone to several future revisions. Here’s what we learned today: * US employers hired 321,000 people…

This morning I talked about the ridiculous naysaying surrouding Black Friday and the purported “weakness” of the US consumer. Here’s something latebreaking via the Guardian that is pretty much all you need to know: Online shoppers set a set a single-day spending record on Cyber Monday, despite deals being stretched out this holiday season to…

Disregard any nonsense you hear about Black Friday being a bust. This year’s shopping season began in the middle of November and online sales will continue up until two days before thanks to endless buying and shipping promotions that continue to evolve throughout December. And as for taking the weak NRF data point about last Friday’s…

Can You Select Long-Term Fund Winners? Yes, yes you can. But it will probably be an accident. And selecting them won’t even be the hard part… In a fascinating post at Research Affiliates about the perils of real-time performance measurement, John West and Amie Ko look at the longest-term winners in a mutual fund data series…

This holiday season, consider giving the gift of knowledge. My new book co-authored with Jeff Macke, Clash of the Financial Pundits, remains near the top of its category six months after its release. It was a lot of fun to research and write; our interview subjects were a blast to talk with and the market…

I’ve been plowing through this entire series of posts on behavioral biases over at the Psy-Fi Blog for a few weeks now. They’re a lot of fun and the series, in totality, is a pretty big achievement in financial blogging. These started coming out last June so you’re not late to it. Each of the links…

I had a chat with my new friend Richard Lander of Citywire while over in Europe last month about the differences between how financial advice is delivered in the US versus the UK. We also touch on robo advisors, the Fiduciary Standard and more, watch below! Source: Impartial advice: why we’re better than the Yanks…