Friday 20th

Only in China could a bank that defaulted for $1 billion in
June IPO in December and raise $3 billion
Everbright Bank slides in HK debut amid China cash crunch fears
{http://www.reuters.com/article/2013/12/20/us-everbright-listing-idUSBRE9BJ03P20131220}

Xinhua’s Top Ten Popular Words of 2013
{http://www.thechinastory.org/dossier/xinhuas-top-ten-popular-words-of-2013/}

China’s Stocks Extend Slump in Longest Losing Streak Since 1994
{http://www.bloomberg.com/news/2013-12-20/china-stock-index-futures-rise-after-pboc-adds-funds-to-lenders.html}

Abandon commodities!
{http://www.macrobusiness.com.au/2013/12/abandon-commodities/}

Irrationality, trend-following, and cats
{http://www.economist.com/blogs/freeexchange/2013/01/investing}

Who Owns Congress?
{http://www.ritholtz.com/blog/2013/12/who-owns-congress-2/#more-112948}

How strong is gold’s “Wall of Worry?”
{http://www.marketwatch.com/story/how-strong-is-golds-wall-of-worry-2013-12-18}