Stock valuations have almost never been higher. - The Buffet Indicator is at 233, the highest ever recorded. Market cap to GDP has never been higher. - The Schiller Adjusted Price to Earnings ratio is the second highest recorded in 145 years. At current valuations, it would take over 40 years to recover the investment through earnings. - The Bank of America Bull and Bear Indicator is screaming sell again. The past 17 times stocks dropped 2-20% the following 2-3 months. Companies that have scaled AI are experiencing usage costs that exceed the employees they fired. - Microsoft invested $5 billion in Claude AI and recently banned their engineers using it due to exorbitant costs. - Uber blew through their annual AI usage budget by April 2026. Chinese AI has massively dropped AI usage costs. - Chinese AI can process about 80% of American AI functions. - Chinese is up to 95% cheaper than American AI. - This destroys the American AI profit model. Tech stock valuations are priced for perfection. This could be the beginning of the end of the AI bubble. 

Index (growth) annuities provide: 
 Double digit potential annual returns on good market years. 
 Grow your money safely, without market risk. Principle is guaranteed. 
 Once gains are locked in, they are guaranteed against market loss.  You don't have to give up strong returns if you want guarantees.

Stock valuations have almost never been higher. - The Buffet Indicator is at 233, the highest ever recorded. Market cap to GDP has never been higher. - The Schiller Adjusted Price to Earnings ratio is the second highest recorded in 145 years. At current valuations, it would take over 40 years to recover the investment through earnings. - The Bank of America Bull and Bear Indicator is screaming sell again. The past 17 times stocks dropped 2-20% the following 2-3 months. Companies that have scaled AI are experiencing usage costs that exceed the employees they fired. - Microsoft invested $5 billion in Claude AI and recently banned their engineers using it due to exorbitant costs. - Uber blew through their annual AI usage budget by April 2026. Chinese AI has massively dropped AI usage costs. - Chinese AI can process about 80% of American AI functions. - Chinese is up to 95% cheaper than American AI. - This destroys the American AI profit model. Tech stock valuations are priced for perfection. This could be the beginning of the end of the AI bubble. <p>Index (growth) annuities provide: </p> <ol start="1"> <li> Double digit potential annual returns on good market years. </li> <li> Grow your money safely, without market risk. Principle is guaranteed. </li> <li> Once gains are locked in, they are guaranteed against market loss. </li> </ol> You don't have to give up strong returns if you want guarantees.

If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.

<p>If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.</p>