Eternally high interest rates? Editor's note: We know you may have questions about what the recent Fed decision really means for the stock market – and for your money. Well, you urgently need to see this note from our good friend Joel Litman. A Wall Street insider who predicted both the crashes of 2008 and 2020, Joel has unique insights into how this market environment could impact your money this year (and for years to come)... --------------------------------------------------------------- Forever Inflation? Remember over the summer when Jerome Powell said interest rates wouldn't have to rise as high as we expected? So much for THAT promise! Just the other week, Fed officials suddenly admitted that rates won't come down anywhere as soon as they'd planned. [Some even hinted rates might remain high not only longer, but forever](. Never one to miss an opportunity, the Wall Street Journal soon pounced on the story... with a doomsday piece about the consequences of "eternally high" interest rates. Now listen, do I care about interest rates? Sure. Do I worry about them? Nope. There's a way to make money in every environment. And high interest rates – and the unimaginable consequences they'll wreak on our economy – are no different. In fact, they're actually handing us the opportunity of a lifetime... [If you know what I know, and what I want to show you right here](. What really matters about high interest rates is how they clothesline the U.S. economy. Keep in mind, that's what they're supposed to do. [The key thing to watch is just ONE critical signal](. It determines EVERY market swing... EVERY move in stocks... and it has predicted EVERY market (bull or bear) you've lived through. Its track record is perfect... [This signal is so predictable, you can set your watch by it](. In fact, this is how I saw the crashes of 2008 and 2020 coming, when a literal roomful of Wall Street pros couldn't. (They even laughed when I tried warning them.) I tell you this as a warning – because right now, this signal is going crazy, and [you need to see what I'm seeing](. I'll tell you upfront: You don't need to be worried, but you DO need to be prepared. Most people won't be, because they're distracted by Fed nonsense and the absolute delusion of the market bulls. Sadly, I predict 99% of people will get blindsided by what I see coming, just like they did in 2008. Don't let that be you... [I explain everything in plain English right here](. Regards, Joel Litman
Founder & Chief Investment Strategist, Altimetry P.S. Here's another thing that bugs me... The media and the public are fixated on interest rate drama. But the biggest billionaires on Wall Street? They simply aren't! [They know about the critical signal I'm talking about](... And they're all getting ready to deploy the ONLY investing strategy that works when everything hits the fan. [Get the full story right here](. --------------------------------------------------------------- All contents of this e-mail are copyright 2023 by Empire Financial Research. All rights reserved. Reproducing any part of this document is prohibited without the express written consent of Whitney Tilson. Protected by U.S. Copyright Law {Title 17 U.S.C. Section 101 et seq., Title 18 U.S.C. Section 2319}: Infringements can be punishable by up to five years in prison and $250,000 in fines. DISCLAIMER: The work included in this publication is based on SEC filings, current events, interviews, and corporate press releases. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The views expressed in this publication do not necessarily reflect the views of Empire Financial Research. You're receiving this email at {EMAIL}. If you have any questions about your subscription, or would like to change your email settings, please contact Empire Financial Research at (800) 961-2618 (US) or (646) 609-8709 (international) Monday-Friday between 9:00 a.m. and 5:00 p.m. Eastern Time. Empire Financial Research, 1125 N. Charles Street Baltimore, Maryland 21201. If you wish to contact us by email, please do not reply to this message but instead go to info@empirefinancialresearch.com. To unsubscribe from email messages like these, please [click here](.