The Takeaway: New millionaires everywhere!

By Josh Brown

Mar 20, 2013 @ 1:02 pm (Updated 3:07 pm) EST

Portfolio

Happy Fed Day (Crossing Wall Street)

BlackRock's Larry Fink is quite bullish, sees S&P up by 20% this year. I know you're shocked, but it's true. (FA Magazine)

Exhaustion gap in Chinese equities could mean it's time for a rally. (Andrew Thrasher)

You know how you know the market isn't scared of Cyprus? Gold is doing nothing here. (Focus On Funds) and (The Reformed Broker)

The Biz

Whoa! Last year's stock market rally created 400,000 new millionaire households in the US. (Advisor One)

Ed Jones reports record revenues. (Financial Planning)

Advisors on whether or not someone should borrow from a 401(k) for a first home down payment. (Brightscope)

Morgan Stanley Wealth Management creates portfolio product that only invests in stocks with female board members. I'm sure they'll win lots of awards and there is a certain client profile that will buy in no matter what. (DealBook)

Private Equity has an image problem in the eyes of society and investors. (Firmex)

Financial planner steals a million bucks from his clients, SEC says. (Financial Planning)

Outliers

A Match.com for financial advisors? Sounds totally corny and awkward, where can I go to not sign up? (Financial Planning)

***

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.

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  @IN Wire

May 18 11:36PM
These SMAs are OK http://t.co/vP8xBRu7kz
May 18 09:46PM
Started official sked for lifting/swimming/running/biking/skating/boot camp. When do I work in #sleep and #eating? #triathlon #speedskating

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