The Takeaway: What’s hapened to Pimco’s All Asset All Authority — and should you stick with it?

Portfolio

Gold (and its ETFs) are a mess today.  (Focus On Funds)

Asset price inflation is not inflation.  (Noahpinion)

Bernanke’s full testimony before congress today.  (Federal Reserve)

Larry Swedroe on factor-based investing.  (Index Universe)

Has Rob Arnott (PIMCO All Asset Fund) lost his touch?  (Institutional Imperative)

The Biz

At Bank of America, Merrill Lynch is the straw that stirs the drink.  (Working Capital)

Ron Rhoades on “redefining the true Fiduciary Standard out of existence”  (RIA Biz)

ETF sponsorscould be doing a better job educating the advisers who recommend their products.  (Think Advisor)

Meet Barclays new man in the United States.  (Bloomberg)

Mike Kitces went 7000 words deep on using inferential statistics to analyze active managers. Nerds only.  (Nerd’s Eye View)

Outliers

Live from CNBC’s Delivering Alpha Conference, featuring a discussion with Wall Street top cop Preet Bharara, stock picks from Jim Chanos, Lee Cooperman’s prostate and more!  Part I: (TRB) and Part II (TRB)

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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.