Calculated Risk: Philly Fed: Activity Declined in Every State in December — Here is a new record that will never be broken! The Philly Fed index shows – for the first time ever – declining activity in all states in December.
WSJ: Where Financial Gurus Put Money — Financial experts are facing the same retirement-planning headaches as ordinary investors
WSJ: Retiree Hell Isn’t as Bad as You Think It Is
WSJ.com: The Numbers Guy: Why Quarterbacks Often Become Super Bowl MVPs
Wired: Fannie Mae Defuses Logic Bomb, Averts Weeklong Shutdown
Rich Karlgard (Forbes.com): Can Small Business Lead The Recovery? — Does anyone in Washington have Obama’s ear on the matter of small-business health? Small businesses don’t need bailouts. They need flowing credit and reasonably low tax and regulatory barriers. That is all. Innovation and pluck will do the rest.