Big banks are lower this morning, as investors evaluate the impact of big Democratic election wins in Virginia and New Jersey. "If Virginia signals increased chances that control of the House flips in 2018 , then investors need to start thinking about Rep. Maxine Waters (D-CA) as the next chairman of the House Financial Services Committee. " says KBW’s Brian Gardner.
The end of the year means thereās no shortage of ābest booksā lists to remind you how little reading youāve actually done over the past 12 months. Topping it lists of titles, Amazon.com went with a nonfiction choice for the first time since 2010 picking David Grannās āKillers of the Flower Moon: The Osage Murders and the Birth of the FBIā to head the 100 best books of 2017. Grannās book, which also topped Amazonās best nonfiction and history categories is about Big Oil in 1920s Oklahoma and the murders of oil-rich members of the Osage Nation. Amazonās choice in the business category is āPrinciplesā by Ray Dahlio. It ranked 95th overall. Those principles center on being blunt and unsentimental about everything.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
