<b>The Takeaway:</b> Weak economic data spurs new all-time high for the S&P. Of course it does.

Portfolio

Stocks hit new record high intraday… (CNBC)

Morningstar’s stock market outlook: Not so undervalued these days. (Morningstar)

Q4 GDP revised upward. (Crossing Wall Street)

So sorry for journalists we didn’t get that exciting bank run in Cyprus this morning. (New Statesman)

The Biz

What is the number one characteristic of financial advisors that clients cite as being important? (Millionaire Corner)

Advizent to close its doors after last-minute negotiations fall apart. (RIA Biz)

Wall Street’s big firm employees are lurking on Twitter. (The Reformed Broker)

CFB Board weighs in on how to spot and prevent elder abuse. (Advisor One)

Drive-thru advice to the mass affluent channel. (WealthManagement)

Enforcement Roundup: Hedge funder and friends nailed for insider trading. (Advisor One)

Outliers

Your 401(k) is out to get you. (The Atlantic)

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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.