Review & Outlook

Our take on the investing, financial, & economic themes of the day

What We’re Reading: July 14

14 July, 2014 by Ben O'Brien in Commentary

Quote of the Day:

“Of course, much of the value of a financial adviser can’t be captured by measuring the track record of his investment picks alone. By reducing your taxes, planning your estate and retirement, cutting your debt and adjusting your insurance coverage, an adviser can make you much richer and more secure. Those benefits often can’t be quantified. But that still shouldn’t exempt advisers from reporting results that can be quantified, like investment returns.”

–Jason Zweig in the Wall Street Journal

 

What we’re Reading this morning:

Stagnant Income is Leading to Weak Consumer Spending (Barron’s)

The Bond Market Rally is not a Good Omen for Stocks (Forbes)

Where Did the Money Go in the Second Quarter? (Irrelevant Investor)

Advisers Should Report Performance Numbers (Jason Zweig)

Pension Funds Pour Money into Alternative Assets (Financial Times)

Boeing is Firing on All Cylinders (WSJ)

Apple Stock Rises on Analyst Upgrade (The Street)

GasLog Rebounds Strongly: Still a Buy (The Street)

Cynk and the Problem with Shorting Pump-and-Dumb Schemes (Bloomberg)

Amazing Photos Taken with Drones (BBC)