News Stocks 

The stock chief at a $1 trillion firm warns nothing can replace the market’s struggling winners — and outlines 4 themes traders can use to keep outperforming

“It’s been a great 10 years to invest in US large-cap stocks, since they’ve dominated throughout the ongoing bull market” writes Marley Jay for businessinsider.com. But he said the market was heading somewhere very different today, and the years ahead could be a lot different.He laid out four themes that he’s using to find successful stocks in that more difficult environment.”The returns on stocks, bonds, and cash in the next five years are going to be lower than long-term returns,” Doll said. Source: businessinsider.com

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Brokers News 

Seven U.S. states, District of Columbia sue to block SEC rule change

“The SEC’s vote comes at the end of a 10-year battle over regulations on the investment advice industry” writes Midwest Communications Inc for 95kqds.com. WASHINGTON (Reuters) – Seven U.S. states and the District of Columbia on Monday sued to block rules adopted by the Securities and Exchange Commission (SEC) that would allow brokers to recommend products that benefit them as long as they disclose the conflict. Republican-appointed SEC Chairman Jay Clayton called the rule changes “long overdue,” but investor advocates have said the rules remain too vague in their definition…

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News 

How a mix of psychotherapy and financial advice could solve your money issues once and for all

“Help finally came, not from a financial adviser or a psychologist, but a combination of the two: a financial therapist” writes Personal Finance Reporter for marketwatch.com. Financial therapy sits at the intersection of financial advice and psychoanalysis.Though it’s been around in various forms since the 1990s, financial therapy is now poised to become more standardized and more prevalent.And though her circumstances are unusual — few Americans attain her wealth — Grant believes financial therapy can help anyone.Until now, the occupation has been loosely defined, and anyone could call themselves a…

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GBP News 

Boris Johnson seeks legal advice on five-week parliament closure

“Any move to prorogue parliament would enrage Commons speaker John Bercow who said recently at the Edinburgh festival that parliament could stop a no-deal Brexit” writes Heather Stewart for theguardian.com. The leaked email will fuel speculation that Johnson is prepared to make the delivery of a “deal or no deal” Brexit an issue of parliament versus the people. Source: theguardian.com

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GBP News 

Brexit supporters reject UK attorney general’s additional legal opinion: The Telegraph

“Attorney General Geoffrey Cox had attempted to win over Brexit-supporting lawmakers with additional legal advice, the newspaper reported” writes Midwest Communications Inc for 95kqds.com. LONDON (Reuters) – Brexit-supporting lawmakers have rejected an additional legal opinion by Britain’s top government lawyer on Prime Minister Theresa May’s divorce deal assurances, The Telegraph reported.His original opinion published on Tuesday that the legal risk remained that Britain might be unable to get out of the backstop helped convince Brexit-supporting lawmakers to oppose the deal.In the legal advice, Cox said the Vienna convention enables the…

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News 

Marie Kondo’s dad gave her one powerful piece of career advice we can all use to get ahead

“Marie Kondo, tidying guru, author, and centerpiece of the Netflix hit Tidying Up With Marie Kondo, is also executive of her own lifestyle brand and consultancy, KonMari.Inc. asked several entrepreneurial luminaries to share a piece of career (or life) advice that changed everything” writes Christine Lagorio-chafkin for businessinsider.com. I think it was powerful advice, and it was especially meaningful coming from my father — someone I’d always respected.I had built a career around expressing gratitude for the items that supported me — but had overlooked some of the people. Source: businessinsider.com

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Markets News 

We asked 7 Wall Street investment chiefs to outline the most pressing issues shaping markets right now, and what traders can do to capitalize on them

“The implication for investors is that Fed policy should support healthy financial markets and sound growth going forward, Rieder said” writes Akin Oyedele for businessinsider.com. A third unofficial mandate that reared its head in recent months is to keep financial markets stable.Judging by its current path, investors have priced in the start of a global recession at the end of 2018. Source: businessinsider.com

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