MUST READS
The Big Financial Surprises of 2013 – WSJ
Is this economic momentum for real? – CNBC
100 Years Ago: Why Bankers Created the Fed – Mises
Health plan sticker shock ahead for some buyers – AP
China cash squeeze persists after central bank reassurance – Reuters
How Tighter Government Spending Contributed to China Rate Spike – WSJ
Financial Engineering Wildest Since The 2007 Bubble – Testosterone Pit
Why stagnation might prove to be the new normal – Summers, FT
U.S. tight oil production surging – Econbrowser
The Diva is Already Singing – Hussman Funds
“We live in a hall of mirrors” – FUW
Dovish or Hawkish – Noland, Prudent Bear
The Stock Market – auncontrarian

MARKETS/INVESTING
Stocks Gain on U.S. Growth Outlook – Bloomberg
Stocks: No holding back the Santa rally – CNN/Money
For Investors, A Great Ride, but Reality Is Returning – NY Times
Goldman: Cut your emerging markets exposure by a third – Net Net
Risks to recovery make it wise to book some profit – Telegraph
The Single Greatest Predictor of Future Stock Market Returns – PE
Gold falls, set for biggest yearly loss since 1981 – Reuters
Jim Rickards: Gold, Bitcoin, Stimulus & Stocks – Financ News
Gold price: Hedge funds increase bearish bets again – Mining.com
How to Keep Banks From Rigging Gold Prices – Bloomberg
30%+ Gold in a Diversified Portfolio? – 24Hr Gold

ECONOMY/WORLD/HOUSING/BANKING
Inequality for Dummies – NY Times
US income gap is holding back economy – AP
Economists see little cheer in falling joblessness – AP
Some notes on the recovery in the UK – mainly macro
London Takes the Lead – Economic Principals
Homeowners remortgage to fund Christmas – Telegraph
Carney Meddles in British Love Affair With Housing – Bloomberg
Property Investors Still Can’t Get Enough of Shanghai – WSJ
How to Compete in a Seller’s Housing Market – US News
Housing “Bubble 2.0?; Same as “Bubble 1.0?, only different actors – Hanson
100 Years Is Enough: Time to Make the Fed a Public Utility – Washington’s Blog
Why No Taper Tantrum? Bernanke Hit the Bull’s Eye – Fiscal Times
At 100, the Fed Can’t Do Much to Revive the Economy – RCM