<b>The Takeaway</b>: The strongest bull market in 65 years

Portfolio

The trouble with target dates is in their approach to prudence.  (Morningstar)

It’s the strongest bull market since World War II. If only anyone was in it.  (The Reformed Broker)

GMO’s quarterly letter is getting all kinds of attention today thanks to the fatalistic bond commentary.  (GMO)

Four stocks Wall Street firms are not talking about as their hedge fund customers quietly buy.  (CNBC)

The Biz

David Merkel: “People forget how crises happen after the events have passed, and begin to believe comforting fictions thereafter.”  (AlephBlog)

The first (but definitely not the last) Bitcoin Ponzi busted by regulators.  (Business Insider)

TD Ameritrade reports huge jump in revenues, profits as investors return to the game.  (WealthManagement)

How to get clients to understand fund fees.  (Financial Planning)

Outliers

Art Cashin: All the gold conspiracy theories are coming out of the woodwork now.  (BusinessInsider)

***

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.