Thousands of brokers at wirehouse firms are about to see their post-crisis retention deals roll off in the near future. Many will be resigned for incredible compensation deals that involve a ransom payment of 300% of their trailing “production” plus all manner of forgivable loans that are the functional equivalent of golden handcuffs. Others will be lured away…

“We do what the market tells us to do. And we never hedge. Only losers hedge.” This week in 1981, one of the most amusing episodes in the history of the stock market took place when Joe Granville issued his dire decree. Granville had a boiler room filled with banks of phones to distribute his…

Just a few hours into the New Year and everyone is so negative.

Here’s my list of 15 ways oil can bottom, any combo of these items should put a floor under it:

Meb Faber tweeted yesterday on the topic of country stock markets, as he follows them closely as part of his Global Value strategy… For global stock markets, I count about half in bear markets already. About a third are 40% drawdowns (real local returns) Ten are 50%+ — Meb Faber (@MebFaber) January 4, 2016 In a…

Instead of the regular Hot Links post, I have just one read for you today – but wow is it a good one.

At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $120 billion and counting that advisors manage on the Riskalyze platform*. I…