The Takeaway: Crashtastic!

JUN 20, 2013
Portfolio Stock and bond markets crash into the close. This is what the Fed means when it says "price stability".  (Business Insider) Bernanke's forward guidance is as transparent as mud.  (Bloomberg) Trading volume in Vix products explodes.  (Focus On Funds) Goldman: Welcome to the era of emerging markets underperformance.  (MoneyBeat) All kinds of interesting stuff in the latest fund flows report.  (Advisor One) The Biz This Primerica story is crazy - stadiums filled with brokers and gospel choirs covering R. Kelly, fireworks, confetti etc.  (Bloomberg) 68% of investors in their 30's manage their own money...for now.  (Financial Planning) Should we pay attention to retirement rules of thumb?  (Chicago Financial Planner) LPL snags SEC veteran as its new general counsel.  (Financial Planning) Hey bond manager, good time to buy bonds?  (The Reformed Broker) Outliers Carl Icahn joins Twitter! His first missive is an ironic retweet of Bill Ackman.  (DealBook) *** Disclaimer: Joshua Brown is an investment advisor representative with Fusion Analytics. The content above is for informational purposes only, nothing here should ever be construed as investment advice or a solicitation to trade any securities. Mr. Brown or his firm may be long or short securities mentioned above for client or personal accounts at any time.

Latest News

LPL building out alts, banking services to chase wirehouse advisors, new CEO says
LPL building out alts, banking services to chase wirehouse advisors, new CEO says

New chief executive Rich Steinmeier replaced Dan Arnold on October 1.

Franklin Templeton CEO vows to "do what's right" amid record outflows
Franklin Templeton CEO vows to "do what's right" amid record outflows

The global firm is navigating a crisis of confidence as an SEC and DOJ probe into its Western Asset Management business sparked a historic $37B exodus.

For asset managers, easy experience is key to winning advisors' businesses
For asset managers, easy experience is key to winning advisors' businesses

Beyond returns, asset managers have to elevate their relationship with digital applications and a multichannel strategy, says JD Power.

Why retaining HNW clients ultimately comes down to one basic thing
Why retaining HNW clients ultimately comes down to one basic thing

New survey finds varied levels of loyalty to advisors by generation.

Stocks drop as investors digest Microsoft, Meta earnings
Stocks drop as investors digest Microsoft, Meta earnings

Busy day for results, key data give markets concerns.

SPONSORED Out with the old and in with the new: a 50% private markets portfolio

A great man died recently, but this did not make headlines. In fact, it barely even made the news. Maybe it’s because many have already mourned the departure of his greatest legacy: the 60/40 portfolio.

SPONSORED Destiny Wealth Partners: RIA Team of the Year shares keys to success

Discover the award-winning strategies behind Destiny Wealth Partners' client-centric approach.