<b>The Takeaway:</b> Defending Buffett from the haters

Portfolio

The rotation from defensives to cyclicals may already be underway, ’bout time.  (ETF Trends)

Paul Vigna sizes up Q1 earnings season in three words.  (MoneyBeat)

Blackstone’s Byron Wien weighs in on the recent market strength.  (Investment News)

Defending Buffett from the haters.  (The Reformed Broker)

The Biz

Beware the hidden dangers of the Investment Income Tax your clients are facing.  (Advisor One)

Multi-billion dollar hedge fund Third Point readying an IPO for Q3, these are typically a great sign for stocks. JK.  (Value Walk)

A little smattering of thought leadership from TD Institutional: Stop stereotyping potential and current clients!  (Advisor One)

Outliers

LOL, good luck: “Thomson Reuters has launched a proprietary index designed to measure trust in global financial institutions”  (Financial Planning)

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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.