It’s Time We Talk about the Elephant in the Office

It’s Time We Talk about the Elephant in the Office Dear Reader, Take a look around me right now… What you’re looking at is our Money Morning office in the Mount Vernon neighborhood of Baltimore. And it’s also the reality for thousands of office buildings and hundreds of companies around the U.S. today. But it wasn’t always like this. Just three years ago, our office was hustling and bustling – three floors, 200 employees running around, collaborating, taking office supplies, whiteboarding business plans, and building friendships. Today, though, there are 13 of us here – on a good day… in the same office building that we’ve had for six years. And even though we’re a world away from what we used to be, we’d be eaten alive if we didn’t try to go on with “business as usual.” Yet, it’s been difficult with 95% of our desks empty… and remaining empty for the foreseeable future. What do we do with all the extra space, a lease that we can’t get out of, and the extra costs that those bring on? At this point, those are nationwide issues in cities large and small – from New York to Chicago to Los Angeles. And this year, a ton of empty office space will become more expensive than it has been in the past decade. And hundreds of companies will not – because they cannot – renew their leases. This will set off a domino line of destruction. But rather than destroying the soul of America – small businesses – the debt spiral will connect with property owners and lenders. We’re seeing the early signs today. And the situation ahead of us is closer than it may appear. It’s time to address the elephant in the office. [Because not doing so will leave you exposed to the toxin making its way into millions of portfolios…]( Bob Keppel Publisher, Money Map Press You are receiving this e-mail at {EMAIL}, as part of your subscription to Inside Money Morning. To remove your email from this list, [unsubscribe here](. Please do not reply to this email as this address is not monitored. To cancel, or for any other questions or requests, please contact our Customer Service team: Online: [Customer Service Form]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Trading Today Premium | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2023 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions](