Submitted by Erico Matias Tavares via Sinclair & Co.,

One upon a time, back in early 2012, David Rosenberg was a prominent bear and deflationist, while his nemesis, Wells Capital's Jim Paulsen, was one of Wall Street's biggest equity bulls. The confrontation between the two culminated with a January 2012 article explaining "What (If Anything) The Bulls Are Seeing."

Back on September 11, Zero Hedge accurately predicted not only the terrorist events which unfolded in Paris on November 13, but also the resulting aftermath with uncanny accuracy.

"Anyone who has studied microeconomics knows... that an income transfer, as opposed to a gift in-kind, gets you to a higher level of utility," but as WSJ reports, putting theory under the tree is another matter. After years of studying the economics of gift-giving, economists have found that some gifts are valued more highly than others, and that some gift-givers seem to be better than others...

A suspected Russian airstrike east of Damascus has killed Jaysh al Islam chief Zahran Alloush, Retuers reports.

According to the London-based Syrian Observatory of Human Rights (so, according to Rami Abdulrahman's on the ground sources), five other commanders were also killed when Moscow's warplanes targeted one of the group's meetings in Eastern Ghouta, the site of the infamous chemical attack of 2013 that nearly resulted in the launch of a US air campaign against the Assad government.