- Things are getting ugly in the court battle between Pimco and Bill Gross. The latest claim is the that renowned Bond King may have destroyed documents relevant to the lawsuit. “The only party trying to play 'hide the ball' is Pimco.”
- Meb Faber is claiming a new twist on robo platforms. The Trinity Portfolio.
- The slowest U.S. economic recovery on record shows its first bump in household median income since the financial crisis. The top 5% still control an outsized portion of total household income.
- The good news on the health insurance front is premiums are “only” growing up 3%. But the bad news is consumers are being saddled with a rapidly-growing share of out-of-pocket medical expenses. Some call this progress. The healthcare hits just keep on coming.
Investment Insights: The Blogblog
Jeff Benjamin breaks down the game for advisers and clients.