Joshua M Brown

“Do we need to fire Pimco?”

This weekend, thousands of institutional investors, financial advisors and wealth managers are faced with one of the most uncomfortable questions imaginable: Do we need to fire Pimco?  Pimco’s flagship fund, Total Return, can be found in allocations everywhere. From pensions to endowments, from 401(k) sponsors to retirement plans, in the accounts of private investors and insurance…

Eric Cartman’s Startup: The 4 Point Plan

This week’s season premier of South Park was note perfect – weaving together a narrative involving ISIS, the Washington Redskins, Kickstarter and the excesses of a venture-backed economy where funding is the endpoint rather than the start of a business, Matt and Trey absolutely crush it once again. Below, Eric Cartman lays out his 4 point…

This Week on TRB

Photo: Derek Jeter’s teammates rush out onto the field after his game-winning hit at his final Yankee Stadium appearance. (New York Times) These were the most read posts on TRB this week, in case you missed them…

Secretariat Bolts the Barn

DENVER–(BUSINESS WIRE)— Janus Capital Group Inc. (NYSE: JNS) today announced that William H. Gross, world-renowned fixed income investor, will be joining Janus Capital Group. He will manage a recently launched Janus Global Unconstrained Bond Fund and related strategies, and will join Myron Scholes, Ph.D., and other members of the Janus team focused on global asset…

Stocks Take Off Their Beer Goggles

My friend Peter Boockvar is not a fan of unconventional policies at the Fed to boost the economy. He’s also been a critic of the way QE has artificially boosted the stock market. Here he looks at the recent weakness in the Russell 2000 that everyone’s so concerned about and ties it to the tapering…

Chart o’ the Day: S&P 500 on the 50-Day

The larger uptrend for the S&P 500, as defined by the popular 200-day moving average, remains intact. Shorter-term oriented players and strategies will be focused on the 50-day, however, which is in play this afternoon. The S&P 500 has broken below the 50-day moving average on a few occasions this past year and it hasn’t mattered….