<b>The Takeaway:</b> Nasdaq reopens to wild applause

Portfolio

Nasdaq halts for a few hours inexplicably, reopens and stocks soar. Yeah, I don’t get it either.  (CNBC)

Deutsche Bank strategist Makoto Yamashita on the prospects of a real U.S. recovery: “LOL”  (BusinessInsider)

Mom & Pop investors cannot sell emerging markets fast enough, $18.1 billion pulled from EM funds since June!  (Wall Street Journal)

The Biz

Morgan Stanley takes a million dollar charge over bond pricing to customers.  (Wealth Management)

Banyan doubles its AUM to $4 billion on new RIA acquisitions.  (Financial Planning)

Outliers

Economists make a suggestion for America’s poor and low-income families.  (The Onion)

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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.