Forecasts and Trends and Forecasts & Trends E-Letter are published by ProFutures, Inc. Gary D. Halbert is the president and chairman of ProFutures, Inc. and editor of these publications. Information contained in the articles is taken from sources believed to be reliable but cannot be guaranteed as to its accuracy. Opinions and recommendations herein generally reflect the judgment of Gary D. Halbert or another named author and may change at any time without written notice. Market opinions contained herein are intended as general observations and are not intended as specific investment advice. Past results are not necessarily indicative of future results. This newsletter does not constitute the offer or sale of any securities. ProFutures, Inc., its officers, directors and/or employees may have investments in programs mentioned herein. Reprinting or reproduction is prohibited without prior written consent from ProFutures, Inc.

An affiliate of ProFutures, Inc., is Halbert Wealth Management, Inc. Pensionmark Financial Group, LLC (DBA HWM) is an investment adviser registered under the Investment Advisers Act of 1940. Halbert Wealth Management, Inc. is an investment adviser registered under the Investment Advisers Act of 1940. Pensionmark Financial Group, LLC (DBA HWM) and Halbert Wealth Management, Inc. are unaffiliated entities.