Are you already signed up for our daily e-mail newsletter? Great, but did you know that we just launched an adviser-focused e-mail on Fridays? Now you do. Sign up here!

Quote of the Day

"Everything is the result of survivorship bias. It is hidden and easily overlooked. That is why success is so much rarer, more difficult and fragile than it appears to be."

(Barry Ritholtz)

Chart of the Day

If you squint hard enough you can see some market rotation.