The Takeaway: A spider web of fraud

Portfolio

Should investors GET IN NOW? Dumb, dumb, dumb… (The Reformed Broker)

Latest market commentary from Byron Wein: Curb your enthusiasm for corporate profits, stocks this year. (Blackstone)

Jeff Gundlach delivered a monster webcast last night during which he maintained a decidedly risk-off tone, slides and highlights here: (Business Insider)

The Biz

The FBI and SEC team up on a trading probe…make popcorn. (Financial Times)

Bill Singer: A Spider Web Of Hedge Fund And Forex Ponzi Fraud (Broke and Broker)

Can the financial advisor community help in the war on elder abuse? (FA Magazine)

How important is “asset location”? Michael Kitces says “very”. (Nerd’s Eye View)

Outliers

Brutal: This is America, Now: The Dow Hits a Record High With Household Income at a Decade Low (The Atlantic)

***

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.