U.S. stocks are priced high, but thoe who've tried to stand against the tide aren't doing so well.

What’s happening now is virtually always the case in a market where success is never evenly spread.

It's not all ETPs fault, but they are partly to blame.

GAAP accounting measures show earnings growth is accelerating. But hold the cheers, the growth is an accounting mirage. Earnings after taxes and invested capital are actually on the decline.

Berkshire Hathaway's shareholders meeting, known as, the "Woodstock for Capitalists" is being held in Omaha this weekend.

With Trump’s tax proposal kicking the U.S. reflation story back into gear, industry and financial sector funds took in fresh money this past week. Gold funds posted their biggest weekly outflow since the beginning of the year.

Post French presidential election, weekly flows into European equities hit their highest level since 2015.

Still, despite better than expected growth in the first quarter, funds dedicated to China and Korea lost investors over the past week.

European equity funds took in the largest net inflows in 71 weeks after the French election pointed toward a more pro-business outcome.

Minerd recommended investors move toward asset-backed securities “and other places where you can get incremental yield without taking the kind of risk that you have to in high yield.”