from Kerry Lutz's Financial Survival Network
Octavio Marenzi returns to the program… Markets have been on a rollercoaster ride downward. Inflation is not slowing down. Natgas threatens to get worse; inflationary pressures are concentrated in energy prices, but they’re easing a bit. What’s happening in the markets is an unfolding disaster—especially in the housing market. Interest rates are going up in mortgages. There is a housing shortage in the US, and Octavio wouldn’t be surprised to see prices come down 25-35%
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