by Chuck Butler
Good morning and happy Friday. As is the custom when we pfill in for Chuck on the Pfennig, Frank has sent me an excellent introduction to today’s newsletter – so take it away Frank:
I spent a good chunk of this week in the only industry conference I attend. It’s called the Tiburon Strategic Advisors CEO Summit. People attending are C-Suite executives of banks, wire houses, independent broker dealers, insurance companies, mutual fund producers, brand new digital advisors, private equity funds. Generally a group you don’t ever see in the same room together. Despite what must sound like a devastatingly boring assembly of humans it has a pretty loose and relaxed feel while dealing with serious subjects (but yes a purveyor of dark suits would make a killing in the room). I did get to sit with old friend John Mauldin for a day and we caught up on the markets and solved all the remaining problems in the world.