Joshua M Brown

Chart o’ the Day: Job Creation Gets Cooking

Some good news on the employment front from Gallup… PRINCETON, NJ — Gallup’s U.S. Job Creation Index reached a new high in its more than six-year trend, registering +27 in May. The prior high had been +26 in the initial monthly measurement of January 2008, just as the recession was taking hold. The index is…

Appropriately Titled Sell-Side Research Note of the Day

Wall Street resembles a busted mining town from the Old West these days – or maybe an oil town with a well that’s run dry is a better analogy. The morning Derivatives Strategy note from MKM Partners’ Jim Strugger sums it up perfectly…   Josh here – The reason why you’re reading and hearing so…

Anatomy of an Advisor Scam

If you can’t be bothered to look up a prospective advisor’s website and evaluate its content – using common sense, not even financial expertise – you’re going to get abused. Someone’s going to come along and take advantage of your laziness. News broke this week about a Mini-Madoff financial advisor in Upstate New York who…

Incentives Matter

I had lunch today down in the vault at the New York Yankees Steakhouse in midtown Manhattan with some colleagues from the asset management business and our hosts, EG Shares and State Street Global Advisors. The walls in the dining room (which was once the vault of an old bank) are covered with some pretty…

My Favorite Investing Books

My friend Patrick O’Shaughnessy hit up a bunch of us financial blogger types for a quick list our five favorite investing books for a crowdsourced post he was doing (and also for his own curiosity, he was looking for something new to read). I obviously can’t make a comprehensive list of my favorite investing books…

Highlights from the 2014 FORTUNE 500 Issue

I love the Fortune 500, I buy it every summer and read it cover to cover. I like holding it, turning the pages, etc. This year I’m in luck – according to TIME Inc, this year’s edition has the highest page count since 2005 (bull market indicator?).  Some additional superlatives from this year’s rankings… ***…