<b>The Takeaway:</b> Gross’ Total Return gets totally buzzed
Portfolio On the (quick) reversion in S&P vs Treasury yields. (Abnormal Returns) Pimco Total…
Portfolio
On the (quick) reversion in S&P vs Treasury yields. (Abnormal Returns)
Pimco Total Return has its worst monthly loss since September 2008. (The Tell)
The Biz
Remember when training on Wall Street was about mentorship and not salesmanship? (The Big Picture)
RBC broker promised a couple that Lehman Brothers would not be allowed to fail, firm loses arbitration. (Financial Planning)
MetLife finds that it needs a lot fewer advisers selling life policies to their brothers-in-law. (Investment News)
Join Wall Street, Save the World. (Washington Post)
Sizing up the wirehouses after this quarter’s earnings reports. (WealthManagement)
Aother midsized broker-dealer bites the dust. (Investment News)
Outliers
20 tips for inbound Goldman Sachs summer interns. (GS Elevator)
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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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