The Takeaway: We just got the all-clear sign for the economy

Portfolio

Dow Jones opens at new all-time high this morning, how far we’ve come. (The Reformed Broker)

Let’s go under the hood and look at some buy-write strategy ETFs. (ETF Trends)

Stifel Nicholas strategist: We just got the all-clear sign for the economy. (Business Insider)

Hedge funds pour on an explosive amount of leverage, a level last seen during the 2007 peak. (Value Walk)

The Biz

Is “collateral transformation” the next big profit center for Wall Street? (Financial Times)

Going independent has gotten much easier. (FA Magazine)

Hot button issue du jour: “Many financial advisors and their firms fail to understand and comply with custodial responsibilities to clients, according to the SEC” (Financial Planning)

Roger Wohlner: Three types of investments to steer clear of. (Chicago Financial Planner)

Financial advisors hate the idea of “harmonization” between broker and advisor standards of care. (Investment News)

Outliers

Another day, another $1000 target for Google. (MarketBeat)

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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.