Planned Solutions

In this episode of the Planned Solutions Incorporated Podcast, increasing oil prices have been a major contributor to the high inflation rates in the US. The increase in oil prices is due to a variety of factors, but the most important may be the oil investment cycle. This is the pattern of increased and decreased investment in new oil supply in response to high or low prices. The lag between when the investment is made and when oil makes it to market often results in large swings in prices as oil and gas companies have attempted, and failed, to accurately forecast market demand. Also, the mortgage markets appear to be normalizing as the low mortgage rates from the pandemic are now giving way to rates that are more in line with the long-term average. In addition, loan offers are changing their loan standards so that the lending standards are no longer loose, but rather have reverted to a more neutral stance, even as demand for mortgage loans has moderated. And, The IRS has increased the amount that businesses