Huge day for President Donald Trump.  First, he  met in the White House with Saudi Arabia Crown  Prince Mohammed bin Salman  ( MBS ), a man who soon will be king.  His father, King Salman, is 86 years old and frail. They were exceedingly friendly to each other.   The last time they met in DC was in 2017 in Trump's first term. The 2018  Jamal Khashoggi matter  came up, and Trump brushed that off in the same manner that he lies about in his own affairs. On the Gaza strip issue, MBS steered closer to joining the  Abraham Accords  and indicated support for Palestinian statehood. Saudi Arabia will invest $1 trillion in the U.S . Trump agreed to sell F-35 jets to Saudi Arabia. These fighters cost around $100 million each, and 48 will  be sold. The total investment will approach $4 billion when you add parts, services, etc. The deal will be similar to what Israel got. Looked like an ambush, but... Vanessa Balintec and Zoe Law A report...

Well, there are now wars on several fronts.  Of course Ukraine, and the Republican civil war in our House of Representatives.  Now,  Hamas terrorists are creating havoc in Israel  with their attack in Gaza.  Look for a decisive response and watch how the price of oil changes.   A glance at the right column on petroleum prices shows that the $100/barrel price precipitously dropped to $84/barrel from a week ago.  Interesting what this will be on Monday.  Interested in buying or selling your home?  Notice that mortgage rates are now at around 7.5%, and seem headed for 8%.   Read this to understand how mortgage rates differ from long-term interest rates . Way back towards the end of 1981 it was up to 18.39%.  This was during the Great Recession.  Then, a gradual drop over two decades, and the  30-year mortgage rate  was was down to 2.67% at the end of 2020.  The past 34 months saw this sudden escalation. We...