<b>The Takeaway</b>: S&P 500 breaks all-time high; time to start using margin

Portfolio

The S&P 500 broke 1700 this morning for the first time ever.  (The Reformed Broker)

Jobless claims fall to the lowest levels since January 2008.  (TIME)

BlackRock, in pursuit of the “white whale of retirement income” launches its target-date bond fund suite.  (Investment News)

A look at how several asset allocation strategies have done so far.  (Mebane Faber)

Stress-testing your retirement portfolio buckets.  (Morningstar)

The Biz

Bank of America shakes up Merrill’s fee schedule, will raise prices for many clients.  (WSJ)

Why does Blackstone want attention from retail investors all of a sudden?  (YCharts)

The four numbers every retiree should know.  (Charles Sizemore)

Being more realistic on retirement withdrawal rates – is 3% the new 4% rule?  (Morningstar)

Outliers

Breaking: Long Island fund managers accused of $188 million ponzi.  (Newsday)

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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.