1.

Peloton:

• $33 billion market cap
• $1.83 billion revenue
• $12 million EBITDA
• Sells stationary bike with iPad taped to frame

Dorel Industries:

• $326 million market cap
• $2.64 billion in revenue
• $125 million EBITDA
• Sells actual bikes

This is “your” stock market. It all comes down to stock sponsorship and a good story. As we learned in 2000, stories will only last for so long…

2.

I’m a big college football fan, however not so much this year, but I’m a big listener to the local college football radio station. Broadcasts usually have a homer as broadcaster as well as a former player being the commentator. You learn so much more listening than by watching the game, and the emotions are deep and spirited. If you’re a sirius listener, tune over to the SEC game of the week. It’s the best thing on radio! College football is still the heart and soul of America.

3.

In 2000:
Corn was $2. Today it’s $4.
Wheat was $2.80. Today it’s $6.
Copper was $0.73. Today it’s $3.
Bacon was $3.40. Today, $6.
The “war on deflation” appears to have gone about as well as the war on terror and the war on drugs…

4.

As a financial advisors, what do you sell now? Do you maintain your reliance on your investment models? Have your models changed since the last quarter? In my opinion, savers have been pushed into more risk due to lower yields. Savers had no choice but to invest in more volatility. Do you think that’s a big reason on why The Fed steps in when markets correct too drastically? To save the American saver? It’s the famous Greenspan/Bernake/Yellen/Powell Put. It sounds fair. The Fed forces savers to take the risk so why shouldn’t The Fed step in when times get tough? This sounds great, but how long will it last? The Fed is losing its power. Be very careful with your senior clients.

5.

Stay safe my friends. Take the 2%+ fixed annuity yield and run with it. Your senior clients get no volatility and safety. Let NestEgg Builders handle your paperwork. Become a hero today by managing volatility!