The Takeaway: Did you buy the dip? Guess who did?

JUN 25, 2013
Portfolio Last week was the worst S&P 500 drop of 2013. Guess who bought the dip...  (The Reformed Broker) Mark Hulbert: You're all way too optimistic still, the worst is yet to come in this correction.  (MarketWatch) Regional bank stocks have a nice looking setup here.  (ZorTrades) What kind of returns do you get when you buy a sector down 80%?  Asking for a friend.  (World Beta) Will the mailing of quarterly brokerage statements trigger the next round of bond selling?  (Investment News) The Biz So you want to attract more breakaway brokers...  (Washington Wealth) Are you ready for Finra's new social media spot-check?  (Financial Social Media) Civil charges against Jon Corzine hitting any moment, brace for ambivalence...  (DealBook) “We have not allocated to DoubleLine in large part because of the drama surrounding Mr. Gundlach." - institutional consultants  (Pensions & Investments) Fine, you can make money - can you use it to purchase happiness? If not, I will take some of it off your hands.  (Scientific American) This is a bit incestuous, but too bad - Congrats to Investment News on 15 Years of brokerage and advisory biz coverage!  Celebrate here: (Investment News) Outliers Insurance Companies Were Bad At Predicting How Dumb Their Customers Would Be (Dealbreaker) *** 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.

Latest News

Kestra adds Raymond James recruiter to expand advisor hiring push
Kestra adds Raymond James recruiter to expand advisor hiring push

The independent broker-dealer expands its business development bench with a new recruiter and an internal promotion in the West.

Cerity Partners names Will Peng chief innovation officer
Cerity Partners names Will Peng chief innovation officer

The leading ultra-high-net-worth RIA joins other large wealth firms, including Raymond James and LPL, in creating executive roles focused on artificial intelligence strategy

BlackRock expands Aladdin's private markets benchmarking tools
BlackRock expands Aladdin's private markets benchmarking tools

New Preqin-powered benchmarks add transparency to private equity and credit performance across BlackRock's platforms.

Fed's Bowman pushes for lighter-touch AI oversight at smaller firms
Fed's Bowman pushes for lighter-touch AI oversight at smaller firms

Supervision vice chair speaks following recent launch of AI adoption practices by regulators.

Why fixed income still belongs in your clients' portfolios
Why fixed income still belongs in your clients' portfolios

In an era of AI euphoria and market FOMO, getting back to basics with fixed income may be the most contrarian and most important move advisors can make.

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.