The news this morning that a top Iranian commander was killed in a U.S. drone strike sent global markets reeling. According to news reports, Iran is now vowing to retaliate, which means terrorism and cyberattacks are likely. Here in the U.S., apparently, Congress was not notified of the strike ahead of time. The heightened risk factors we must now consider include increased domestic political dysfunction, a rising risk of military action (either by us or against us in an already troubled area), and a probable disruption of the oil markets.

I suspect not too much work will get done today, at least in my house, so let’s have some fun. Below are links to some of my favorite economic and investing videos. In true economist fashion, I have categorized them appropriately. Note that I may not agree with the content—especially for the funny ones! Start at the top.

Recently, along with some very dynamic colleagues and friends from Commonwealth Financial Network, I had the privilege of attending the Massachusetts Conference for Women. Held in Boston over a packed two days in December, it was the largest women’s conference in the country, boasting more than 13,000 attendees. Here, Giovanna Zaffina and I would like to share our experiences and thoughts.

I have been thinking a lot about the next decade. As we enter 2020, we know only a couple of things, but we should keep them in mind as we plan ahead.

Brad here. At this time of year, we hear a lot about seasonal effects, with the Santa Claus rally at the head of the list. Today, Jim McAllister, director of equity research, takes a look at how much is fiction and how much is fact when it comes to the Santa Claus rally. Thanks, Jim!

Brad here. One of the big political and economic news stories in the past week or so has been the British election. Here to help put that election into context—and think about what it could mean for our investments—is Anu Gaggar, Commonwealth’s international analyst. Thanks, Anu!

Brad here. One of the great things about this blog is that it sparks quite a few questions. When we see the same question popping up, it is something we try to address. Today’s post, by Nick Follett, does just that, looking at some of the dislocations in the financial markets that have been worrying advisors. It is a bit more inside baseball than we normally do here, but it gives a good look at what is really going on. Thanks, Nick!

Today’s post is brought to you by Rob Kane, a senior investment research analyst on Commonwealth’s Investment Management and Research team. Over to you, Rob!

As I mentioned yesterday, one of the key data points that will determine whether we get a recession sometime next year is whether job growth continues. Tomorrow, we get the November 2019 jobs report. This report is a big one—not only for the economic impact but also for the potential market impact on whether we will really see a Santa Claus rally.

November was a great month for U.S. markets, with the S&P 500 up by 3.63 percent, the Dow up by 4.11 percent, and the Nasdaq up by 4.64 percent. All three indices are now up by more than 20 percent for the year. As we celebrated Thanksgiving, we had a lot to be thankful for. The news abroad wasn’t as good. But it also wasn’t as bad as the headlines might have suggested, as developed markets were up by 1.13 percent and emerging markets were down by just 0.13 percent. Given the headlines, those results are also pretty good.