<b>The Takeaway:</b> Crashtastic!
Portfolio Stock and bond markets crash into the close. This is what the Fed means when it says…
Portfolio
Stock and bond markets crash into the close. This is what the Fed means when it says “price stability”. (Business Insider)
Bernanke’s forward guidance is as transparent as mud. (Bloomberg)
Trading volume in Vix products explodes. (Focus On Funds)
Goldman: Welcome to the era of emerging markets underperformance. (MoneyBeat)
All kinds of interesting stuff in the latest fund flows report. (Advisor One)
The Biz
This Primerica story is crazy – stadiums filled with brokers and gospel choirs covering R. Kelly, fireworks, confetti etc. (Bloomberg)
68% of investors in their 30’s manage their own money…for now. (Financial Planning)
Should we pay attention to retirement rules of thumb? (Chicago Financial Planner)
LPL snags SEC veteran as its new general counsel. (Financial Planning)
Hey bond manager, good time to buy bonds? (The Reformed Broker)
Outliers
Carl Icahn joins Twitter! His first missive is an ironic retweet of Bill Ackman. (DealBook)
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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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