The Takeaway: Wall Street loses its mind again

JUN 10, 2013
Portfolio Jeff Saut (Ray Jay) on the odds that this is a secular bull market.  (Market Folly) Is the pharma sector at big risk when the Fed removes QE?  (MoneyBeat) Nick Colas explains the "New York Sell, Boston Buy" trade.  (BusinessInsider) Jordan Rohan (Stifel) gets bullish on Facebook, sees it as “one of the most compelling investments in the Internet sector right now.”  (MoneyBeat) The Biz Here's why the super-rich love bubbles.  (The Reformed Broker) Does the US need a mandatory retirement savings program?  (Abnormal Returns) BlackRock has fired and replaced 80% of its active managers in the last 18 months.  (Pensions & Investments) Can the bond market even handle volatility given its creaky plumbing?  (Unexpected Returns) Former head of financial planning ethics group to be sanctioned  (Reuters) Why Wall Street loses its mind every summer.  (MarketWatch) Outliers Game: Which of these quotations come from Ray Dalio's Bridgewater handbook and which come from a sex columnist?  (Buzzfeed) *** 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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