Ukraine aside, the situation in China does not look great. Major cities and provinces going back into lockdown. BA2 likely doing its dirty work. Supply chains will continue to be hit hard, driving up inflation even more.
Not sure why either. Heating oil down 13% at last check. It rose to really absurd levels yesterday afternoon. Maybe just coming down to regular absurd levels today?
So, Russian forces cut power to Chernobyl. It’s now on backup power. If that fails, we risk all the spent fuel melting down? This would be bad for Ukraine and the EU, no? Is this Putin’s backdoor nuclear threat to the West? It’s not a bomb, so…
At this point, time for the torch. Heating oil is at astronomical prices and ever increasing. I’m done with being stuck inside. Let’s get some warmth and sun. I know, I know. It ain’t gonna happen, especially here on the coast.
I’m FERS-FRAE. Saving 10% plus the 5% match. I’ve been house hunting for a year. One fell through because of the seller. The second fell through because we found out it was on a FEMA flood zone. We’re onto #3. Making an offer tonight.
We all know interest rates are going up, but my realtor just told me that her friend in the business thinks we may be seeing mortgage interest rates approaching 5-7% within the next year. That seems ludicrous. Something that sells for 500k today may be worth 350k in five years. Lots of folks will go underwater. I say this as I’m putting in an offer for over asking for a property in Gloucester…
GL to companies trying to get its employees that can WFH to come back to the office. My commute is 45 miles one way, but thankfully only needed to make it once a week pre-COVID.