The Takeaway: Stocks are still cheap … enough
Portfolio David Tepper / New York Fed on the equity risk premium and why stocks are still cheap.
Portfolio
David Tepper / New York Fed on the equity risk premium and why stocks are still cheap. (Business Insider)
A deep dive into WisdomTree’s dividend products. (ETF trends)
This new academic study is changing the way portfolios are constructed. (Index Universe)
The Biz
New Morgan Stanley hedge fund mutual fund product checks every box on the Muppet list – it has words “dynamic” and “strategies” right in the title! I’m pumped. (Hedgeweek)
Jeff Concepcion, against all odds, builds a massive LPL OSJ. (RIA Biz)
Cold calling is dying and brokerage firms haven’t quite figured out how to replace it. (Bloomberg)
Speaking of hedge funds – the price-cutting has begun, will it ever go back again? (No.) (DealBook)
Retirement is a late 20th century phenomenon. For most of history, males just worked until they were dead. So get over the whole labor force participation rate thing. (The Big Picture)
Outliers
Actual story: “Rich Manhattan moms hire handicapped tour guides so kids can cut lines at Disney World” Pray for us. (New York Post)
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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.
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