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Terms and Conditions

This website and its content (the "Site") are provided to you as a service of The Leuthold Group, LLC. ("The Leuthold Group", "TLG", "we", "us" or "our").

ACCESS

Access to the Site is provided free of charge (although some content may only be available to paying subscribers) and does not create a professional services relationship or any other relationship with The Leuthold Group.

COPYRIGHTS, INTELLECTUAL PROPERTIES

The Leuthold Group is the owner of this Site and, together with third parties whose materials are used by TLG under license, is the owner of all intellectual property rights in all materials used herein (including information and compilations of data, artwork, text, video, audio, images, or pictures and the arrangement thereof -- collectively, the "Materials"). Materials may not be copied, distributed or transmitted in any manner without the prior written consent of TLG. You may download, print and store copies of the Materials for personal, non-commercial use, provided that you do not modify or alter the Materials in any way, nor delete or change any copyright notice. You acknowledge that some or all of the rights, title and/or interests in and to the products, technology and/or processes described in or used in connection with the Site may be the subject of other intellectual property rights reserved by TLG or other third parties. Except as expressly permitted, no license is granted with respect to any intellectual property rights, and all right, title and/or interest in and to the Materials and/or any products, technology and/or processes described on this Site, shall at all times remain the property of TLG, its licensors or any applicable third party.

LIABILITY RESTRICTIONS

ALL INFORMATION ON THIS SITE IS PROVIDED TO YOU "AS IS" WITHOUT WARRANTY OF ANY KIND EITHER EXPRESS OR IMPLIED INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, SECURITY OR ACCURACY. This Site utilizes information prepared by us from internal and external sources, which we believe to be reliable information. However, we do not represent that this information is accurate or complete or remains up-to-date since its initial posting. It is your responsibility to evaluate the accuracy, completeness or usefulness of any information available through this Site. TLG is not responsible for the content of any off-site pages or other sites linked to the Site and shall not be liable for any damages or injury arising out of access to or use of the content. Any links to other sites are not intended as referrals or endorsements but are merely provided to the users of the Site for convenience and informational purposes.

TLG makes no representations or warranties that Site content is applicable to or appropriate for use in locations outside of the United States of America.

Neither TLG nor any other party involved in creating, producing or delivering the Site shall be liable for: 1) any loss or injury caused, in whole or in part, by its actions, omissions or negligence, or for contingencies beyond its control, in procuring, compiling, or delivering the Materials or other matters presented at the Site; 2) any errors, omissions or inaccuracies in the Materials or other matters presented at the Site regardless of how caused, or delays or interruptions in delivery of the Materials or other matters presented at the Site; 3) any decision made or action taken or not taken in reliance upon the Materials or other matters presented at the Site; 4) any damages or injury resulting from your access to this Site, including, but not limited to, damage to or failure by your computer equipment or other property, communication line failures, computer viruses or inability to access this Internet site; or 5) any other direct, incidental, consequential, indirect, or punitive damages or losses, whether in contract, tort or otherwise, arising out of access to or use of the Site.

NOT AN OFFER

The Site and the Materials do not constitute an offer to sell, or the solicitation of an offer to buy, any securities and must not be relied upon in connection with any investment decision.

CONTENT CHANGES

We may make changes to the information on the Site, or to the services described therein, at any time without notice. You should periodically visit this page to review the then current Terms and Conditions to which you are bound and verify information obtained from this Site before you act upon it by calling us.