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Good morning...!
Here's an astonishing graph: demand for new homes has dropped... by 60%. That's the biggest drop, I'm told, since 2008.
As CNBC reported:
Surging inflation and interest rates are hammering American consumers and weighing on the housing market.
Mortgage demand fell last week, hitting the lowest point since 2000, according to the Mortgage Bankers Association.
Buyers have lost considerable purchasing power as rates have almost doubled since earlier this year.
What does this mean for you and me?
Real estate: yet another asset that, it seems, has gone sideways.
The stock market is another example. Up, down, but mostly... down.
Precious metals should be GREAT, with all the inflation. But... they're not really moving as they should.
Energy? That's such a hostage to the geopolitical situation─Investment in fossil fuels is a risk, as you can imagine.
Staying in cash? Not such a great option, either.
So... what is an everyday investor like you and me to do?
Ken and I will discuss the situation, in detail. I believe this is vital to your investing future.
So join us...
...at 5pm Pacific, 8pm Eastern
TODAY ─ Thursday 1 September 2022
Just click here to register!
Note: if you already registered, you have your private link and just join us through a reminder text or email.
(And if you can't make it, you will get the replay automatically.)
Yours in Water,
Riggs Eckelberry
President & CEO
OriginClear, Inc. (OCLN)
The Clean Water Innovation Hub™
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