My final post of the year for Fortune Magazine was just published… As we get closer to relegating 2014 to the history books, your local stock market guru most likely couldn’t be happier to see those books slammed shut. It’s been one of the worst years for investment decision-making on record, almost across the board….
Top @ReformedBroker Tweets of 2014
Here are the tweets you psychopaths faved and RT’d the most this year: Totally accurate. RT @charliespiering: Caption: “As a European this is how I imagine Americans have breakfast” pic.twitter.com/TShd1v7dPC — Downtown Josh Brown (@ReformedBroker) March 3, 2014 How determined is the Fed to keep asset prices elevated? They’re literally arresting bears on Wall Street. pic.twitter.com/eYpZM0enno —…
Clips from Today’s Halftime Report
My man.
I’ve gotten to meet and even befriend many of my biggest investing and market heroes over the last few years, but Art Cashin is at the top of the list. The preeminent NYSE trader and historian celebrates fifty – FIFTY! – years on the floor on December 30th. In the meanwhile, he’s seen his share of milestones…
Hot Links: Drawing the Line
What I’m reading this morning
The Riskalyze Report: Advisors Buy the Energy Dip!
My friends at Riskalyze share the stocks and funds that advisors all over the country have used in their clients’ accounts each week. This data has been aggregated from across the client accounts of the thousands of advisors who use the software. Most of it comes directly through the third-party custodians where advisors’ assets are held. I hope we…
Clips from Today’s Halftime Report
How China Investors Avoid Low Yields on Cash
Josh here – I’ve known Brendan Ahearn for almost five years now and when he joined the ETF firm Kraneshares, last year I was really excited to hear about their plans. The general idea behind Kraneshares was to launch innovative and exciting products related to the massive investment opportunities of China. While the majority of US…
This Changes Everything for Biotech
My friend Adam Feuerstein is out with a highly provocative piece on TheStreet.com today about a new deal that could potentially change the entire drug pricing dynamic for the biotech sector… The exclusive hepatitis C pharmacy deal struck between Express Scripts (ESRX) and AbbVie (ABBV) is a serious, perhaps permanent, blow to the multi-year biotech…
Hot Links: Slam Dunk
What I’m reading this morning