[11th Hour] CNN's interest rate BALONEY (note from Phil)

And how ignoring it could make you more wealthy [Header] Phil here... Fed Chair Jerome Powell lifted rates three days ago while also saying he isn't ruling out further hikes this year... CNN reported that means "the market isn't out of the woods yet"... In short, they're telling investors to fear those further rate rises because they could crash the stock and housing market... I understand why anyone would take that at face value... After all, the mainstream media drone on about rising rates crashing the economy non-stop... Yet, hopefully, after [Wednesday's event]( you now see through this kind of stuff... Because it's baloney... I may have studied the history of banking, interest rates, and the economy more than anyone living today... (I wrote a 386-page book about it called The Secret Life of Real Estate and Banking.) What I discovered is that rising rates are actually bullish for large parts of the economy... especially banking... That's because rising rates increase the profit margins on bank loans... Which means banks have more money to lend... And that extra money gets funneled through the economy, mainly ending up in the housing market... causing prices to soar... The proof is in the pudding... That's why my housing stock pick from April is up as much as 6X the S&P 500... And it's why I've recommended a new housing play and a bank stock that provides mortgages in the now booming housing sector... They're two of the picks you get the moment you accept your special new member offer to join The Signal... You'll save $2,255 on membership... And get access to my model portfolio — that's nearly TRIPLING the return of the S&P 500 right now... Plus, a whole suite of other member benefits... Yet this deal expires at midnight, Tuesday, August 1st... [Image]( [To see the details of this special offer before it disappears, please click here...]( Regards, Phil Anderson Editor, The Signal P.S. On Wednesday I showed you how during the prior ELEVENTH HOUR period (2002-2007) the Dow doubled and house prices had their biggest three-year rise in history up to that point while the Fed was raising rates the whole time... It's happening again during this cycle... [watch the replay to see for yourself](... © 2023 Rogue Economics. All rights reserved. 455 NE 5th Ave Suite D384, Delray Beach, FL 33483. To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. No longer wish to receive special offers from us? Click [here]( for options.