There has been a lot going on in the financial world lately with volatility finally returning to the stock market. One thing that could have slipped by you was a U.S. Circuit Court of Appeals ruling AGAINST the DOL Fiduciary Rule. It’s hard to believe there are so many people out there who believe brokers and some advisors should not have to work in their client’s best interest. Tom wrote an article on this very topic. You can find it below.
Here’s what I’ve been reading this morning:
‘Fiduciary Rule Reaches a Potential Dead End’ – Tom Mullooly – Mullooly Asset Management
‘Tunnel Vision’ – Noah Syndergaard – The Players’ Tribune
‘The Best Hedge There Is’ – Josh Brown – The Reformed Broker
‘Return of Volatility is a Healthy Resetting of Markets’ – Mohamed El-Erian – Financial Times
‘Why Spotify Doesn’t Want a Stock Pop on Its First Day of Trading’ – Alex Barinka – Bloomberg