1.

I love how The Fed is in the business of climate change now. Their powers are endless folks, and we will continue to witness their encroachment into various disciplines like science and social issues. Never forget: “When you control the money supply, you control the world.”

2.

I read last week that companies like Levi Strauss & Co. are training store sales clerks to become computer programmers, web developers and e-commerce analysts. I love this idea! This is a shot across the bow to college education. Traditional colleges need more competition. No one should ever pay $300K for a 4 year degree!

3.

Jeff Grundlach is everywhere talking about our silly markets, economy and crypto. And I give him credit. He could be hiding in his glass tower counting his billions, but he decides to put himself out there for constant criticism. The “bond king” expects major problems later on this year in markets and the economy. For the record, I believe he’s speaking the truth and not just his book.

4.

True story: I watched a black bear race down my driveway. I later found my WSJ and Barron’s papers in the next yard. I grabbed the paper and found the plastic bag ripped apart with bite marks. I kid you not. And it makes me think; is this a foreboding of something bearish to come? It’s happened to me before…

5.

Bank rates are so low: A fixed annuity makes so much sense. Make sure your senior clients know that rates are much higher with an annuity. No CD in America is close to 2%!

6.

Stock markets have never been more risky: A fixed or fixed index annuity allows seniors to lock in market profits. Take 30% of funds and move to guarantees. Make sure clients understand withdrawal features. It can close the sale for you. It’s a great time for guarantees!