And then all of a sudden investors got really optimistic about a Fiscal Cliff deal. (Bespoke) Three positive signs in a dismal market. (The Reformed Broker) "Many investment advisors are subject to the same pressures, because they fear the reactions of their clients, if they underperform." (Aleph Blog)
"The SEC said last week that it took a record 147 enforcement actions against investment advisers in fiscal 2012... represented increases of 30% over 2010 and nearly 200% since 2002, when the SEC filed 52 cases." (Investment News) How advisers are grabbing opportunity from tax planning uncertainty. (Financial Planning) Investors race to beat higher taxes on all manner of investments. It's like Y2K all over again. (New York Times)
NY attorney general admits to 70's porn star past. I knew I recognized that dude. (NY Daily News)
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.