Financial Advisor Michael Reese Warns of Possible Upcoming Bear Market

Financial Advisor Michael Reese recently discussed the recent high Dow numbers and how experts are predicting a coming bear market.

Traverse City, MI – March 1, 2013 – Michael Reese, founder of Centennial Wealth Advisory, recently discussed the US Stock Market and what could be on the horizon for investors. In a recent blog, titled “Urgent Alert – The Dow Cracked 14,000, And The Experts Are Predicting A Big Bad Bear,” Mr. Reese cites recent articles from Yahoo!Finance, Marketwatch, CNBC and Bloomberg to highlight some of the fears that are starting to become expressed within the financial industry.

Michael writes, “Everyone seems to be on cloud nine these days as the Dow has broken 14,000 for the first time in years, and the S&P 500 is north of 1,500.  But are the good times here to stay? A number of experts out there are wondering if things are about to go south in a bad way.

“Insider activity (corporate executives buying and selling their own company shares) are one of the best indicators we have of future market direction,” he continued. “The huge percentage of insiders being on the sell side should tell investors to tread carefully.”

Mr. Reese also cited other indicators of what is to come including the warnings about junk bonds, corporate bonds and treasuries.

“With all this going on, it’s no wonder so many are moving to cash.  It’s getting interesting out there, and it’s more important than ever you sit down with a Retirement Planning Specialist to review your planning,” Michael remarked.

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About Michael Reese:

Michael Reese is the founder of Centennial Wealth Advisory and is a Certified Financial Planner™, Chartered Financial Consultant, and a Chartered Life Underwriter.  Reese has been cited in numerous industry publications for his expertise on retirement planning, including Yahoo! Finance, Bankrate, and US News & World Reports. Reese is also the host of “The Michael Reese Show,” which airs every Saturday at 9:00 a.m. on his local NBC affiliate, Channel 7&4.

Reese assists other financial advisors throughout the country as the featured educator at Advisor’s Excel’s “IRA College” in Topeka, Kansas. At the “IRA College”, Reese teaches top financial advisors throughout the country a number of tax planning strategies that he uses to significantly reduce the taxation on his client’s retirement plans.

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