The Takeaway: S&P warns about Eurozone panic

MAR 18, 2013
Portfolio S&P warns of socially explosive situation in euro zone (Reuters) Todd Harrison: Is Cyprus a harbinger of the next crisis phase? (Minyanville) Here's why you don't want to make that "P/E ratios are historically low" argument too loudly. (Factset) Also, you should at least be aware of the degree to which this bull market has relied on expansion of PE multiple vs prior bulls. (Wall Street Rant) Talk of a 50% jump in Apple's dividend yield making the rounds. (Bloomberg) The Biz Wells Fargo on a hiring spree - 26 new financial advisors with $3.7 billion in assets...YTD! (Financial Planning) Putnam strategy to staunch the outgoing flow of customer funds: MOAR MUTUAL FUNDS! (Bloomberg) Did you hear the one about the billionaire hedge fund manager who's holed up in a hotel right now? (New York Post) What's the difference between index giants Dimensional and Vanguard? (New York Times) Outliers H&R Block has one job to do, once a year. They screwed it up. True story. (MarketWatch) *** 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

Mesirow acquires part of flexPATH in second retirement deal of 2026
Mesirow acquires part of flexPATH in second retirement deal of 2026

Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.

Advisor moves: LPL lands $350M veteran advisor duo in Florida
Advisor moves: LPL lands $350M veteran advisor duo in Florida

Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.

SEC accuses crypto firm founder of running $425 million Ponzi scheme
SEC accuses crypto firm founder of running $425 million Ponzi scheme

It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.

MassMutual Ascend tops $2 billion in RIA annuity sales as advisors warm to income products
MassMutual Ascend tops $2 billion in RIA annuity sales as advisors warm to income products

Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.

Fintech bytes: Wealth tech firms target advisor productivity with new integrations
Fintech bytes: Wealth tech firms target advisor productivity with new integrations

Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

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