1.

Classic signs of a top of a Fed Bubble:
1. Shoe shine boys giving market tips (now parking valets)
2. Relatives calling with stock tips and ideas
3. Crap stocks running up 1000% (Gamestop, AMC, Blackberry)
4. Politicians call for a ban on short sales
The list goes on and on…

2.

The number of people tweeting in the hopes of attracting the Reddit crowd to “their” stock (or commodity!) is amazing. The SEC and Central Banks are finally reaping the whirlwind. They have nobody to blame but themselves. Capital markets are a mockery; but haven’t they been for years?

3.

What do you recommend to your clients now? Being aggressive certainly has paid dividends. But what about moving forward? What are the options? Fixed income? Preferred stocks? Or maybe Real Estate? Well, I have no idea. But I do know that we will start to see a change. Cracks in The Fed game are starting. So start calling your senior clients about moving more of their nest egg into guarantees. If you can get 2%, run with it. It’s time to get concerned about the future. Contact us for some ideas…

4.

A Fixed Index Annuity could offer a cool way to get some inflation protection and guarantees. In NY, your senior client will earn at least 1% every year. During an up market, clients could earn aroung 4%. I’m recommending this product for “bank account” funds. Any funds sitting in a dormant account makes sense. Use the 10% withdrawal feature to pay fixed bills. The idea is sound. Contact us for more assistance.