The Takeaway for Thursday: Josh Brown

PORTFOLIO

Jeff Miller: Think twice about believing that 100% chance of recession call going around. (Dash of Insight)

JPMorgan’s David Kelly on post-election investing: “the average return from the stock market over the past 75 years if approximately 10%. But, in the years when the federal government is split between a Democratic president and a Republican Congress, the average return is 15.4%.” (Financial Planning)

THE BIZ

Wall Street is hoping to see Obama appoint Erskine Bowles as Geithner’s replacement. (Bloomberg)

Another banner month for aggregate hedge fund returns. (Focus On Funds)

Rob Arnott’s Research Affiliates settles patent fight against WisdomTree over fundamentally-weighted indexes. (ETFTrends)

Investors are underestimating longevity risk in their retirement planning. (Financial Advisor)

Marketing and social media is more important to adviser practice management than ever. (AdvisorOne)

OUTLIERS

New York State’s emergency management chief nailed for sending a crew to his house for tree removal. (New York Times)

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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.