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...
New SIMPLE SOLUTIONS for PLANET EARTH AND HUMANITY: This blog site derives from the original version of Planet Earth & Humanity, but will be more WE than ME. The coverage will remain similar, but perhaps these postings will seem to come from a parallel universe, or maybe even Purgatory. But truth and reality will prevail, with dashes of whimsy and levity to help make your day.