<b>The Takeaway:</b> Oh joy — it’s market garbage time!

Portfolio

Is making intelligent choices about retirement income generation easier than creating alpha? (Morningstar)

Prepare yourselves for Garbage Time market action. (The Reformed Broker)

Four new ALPS strategy-focused ETFs co-branded with Goldman Sachs. (Financial Planning)

The Biz

“This month, the agency is in the final phases of testing software that will stream real-time trade data into its headquarters near Union Station, helping regulators better grasp the market’s plumbing. The technology should go live in early 2013, at a cost of $2.5 million for the year.” (Washington Post)

Bill Cohan: Time to shut down UBS, it deserves the Death Penalty. (Bloomberg)

Who are the largest RIA-custodying firms by number of clients? Funny you should ask… (Investment News)

Outliers

It’s the feel-good story of the year – retail investors have missed $200 billion in gains thanks to their hatred for stocks. (Bloomberg)

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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.