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From Wall Street Journal

  • Ahead of the Tape: December’s ‘Santa Claus rally’ appears to have gotten better with age, as the past five years have seen the S&P 500 gain nearly 2.5% on average during the month.

  • A team of agricultural specialists and customs officers are manning their posts at JFK airport, making use of floppy-eared beagles to sniff out contraband, and a massive industrial grinder to destroy it.

  • The financial crisis and its aftermath have revived interest in gold as a monetary policy instrument, especially in Europe, where central banks face public pressure to buy gold or bring back home what they hold overseas.

From Reuters US Markets