<b>The Takeaway</b>: The best (and worst) ETFs in every sector
Portfolio No change in Fed policy, in case you’re working out of a cave today. Wait, but then…
Portfolio
No change in Fed policy, in case you’re working out of a cave today. Wait, but then you wouldn’t be reading this either… (Business Insider)
If you really feel that this is a helpful exercize, feel free to read about what words and/or prepositions have changed in the Fed’s statement. (Real Time Economics)
Gold is a good investment if you suspect that there will be more goldbugs in the future. (Noahpinion)
Why cash is a portfolio killer over long stretches of time. (Business Insider)
Because things weren’t bad enough for Bill Ackman – George Soros has piled onto the Herbalife short squeeze. (CNBC)
Mark Hulbert’s look at PE Ratios and Interest Rates is the most important read today. (MarketWatch)
Green shoots arrive in Europe – too early to invest? (The Reformed Broker)
The Biz
Morgan Stanley fined for selling exotic funds to unwary investors. (I feel like this is a re-run…) (Reuters)
LOL active managers put their own money into passive funds. (Focus On Funds)
LPL: Recruiting sluggish. (WealthManagement)
Clients are rapidly losing trust in their advisors according to new State Street survey – I’m guessing it has to do with clients hating their diversified portfolios amid the 20% S&P 500 rally. (Investment News)
The best and worst ETFs for every sector – awesome reference guide. (ETFdb)
Outliers
My new favorite chart – you’ll love this: (The Reformed Broker)
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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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