Articles are provided for informational purposes only, may not be current and MIAC has no obligation to provide any updates or changes. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained herein. This is not an offer to purchase securities.

The material and analysis provided by or through MIAC is not a recommendation that must be followed or an offer, or solicitation of an offer to buy or sell any financial product; MIAC does not recommend that you enter into a particular transaction or represent that any product or service described here is suitable for you or your company. Nor is any information displayed here promoting any particular trading strategy in any jurisdiction where such an offer or solicitation, or trading strategy may be prohibited. As all prudent investors know, some transactions, including but without limitation, those involving high-yield securities, give rise to substantial risk and any investment decision you may make is your own. You should not enter into any transactions unless you have fully understood all such risks and have independently determined that such transactions are appropriate for you. Any discussion of the risks contained herein with respect to any product should not be considered to be a disclosure of all risks or complete discussion of the risks mentioned.

The information presented here is accurate to the best of our knowledge and is based on information that has been provided to us. All opinions and conclusions in this report reflect MIAC’s judgment as of this date and are subject to change. All analyzes are based on certain assumptions noted herein and different assumptions could yield substantially different results. You are cautioned that there is no universally accepted method for analyzing financial instruments. You should review the assumptions; there may be differences between these assumptions and your actual business practices. Further, we do not guarantee any results and there is no guarantee as to the liquidity of the instruments involved in our analysis. The decision to adopt any strategy remains your responsibility.

Past performance is not necessarily indicative of future results and there can be no assurance that similar results will be achieved. MIAC does not make any representation or warranty, express or implied, regarding future performance. Targeted results are subjective and should not be construed as providing any assurance to the results that may be realized by MIAC in the future.

This document does not constitute, or form part of, an offer to purchase or issue interests in any security or investment product. Any such offer or solicitation will only be made only pursuant to the relevant subscription documents.

Podcast Disclosures: Dan Libby is an employee of MIAC Analytics. Rob Chrisman is an employee of Chrisman Commentary. All opinions expressed by Chrisman or Libby, are solely their current respective opinions and don’t necessarily reflect the opinion of MIAC Analytics or any other individual or entity. Such opinions are based upon information the presenters consider reliable, but there is no guarantee as to its completeness or accuracy and thus it should not be relied upon as such. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

Past performance is not indicative of future results. All investments involve potential risks, including loss of principal. This podcast, alone, should not be used to make an investment decision. Any charts, graphs, or other figures provided should be used as reference materials to further understand the information presented and should not be used to determine which investment strategy to implement or securities to buy, sell, or hold. Strategies or investments discussed will fluctuate in price and value.

This podcast does not consider your particular investment objectives, financial situation, or needs, and it is not intended as recommendations appropriate for you. You are strongly urged to consult with an investment professional about your personal situation before making any investment decisions.