Morning six-pack: What we're reading Monday

Ben Bernanke
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Happy Monday. One more week before most people head off for Christmas. But there's at least one big thing for Wall Street to deal with before descending into an eggnog-and-cookie-induced stupor: the Fed.

The Federal Reserve meets on Tuesday and Wednesday this week to again assess the economy and its stimulus policies, but most economists don't expect a taper yet. (USAToday)

Regardless of the market's reaction to the Fed, there's historical precedent for a late December "Santa" stock rally. (Wall Street Journal)

Hedge funds believe in those late-year market gains, or at least guys like Larry Robbins of Glenview and Philippe Laffont of Coatue aren't scaling back risk to guarantee themselves a fat return for the year. We explain in a piece.