Apple’s New phone, Electric Planes, Energy Sources, the 10-Year Treasury and the Housing Market, Harrison Johnson, CFP®: Financing with Higher Interest Rates

• Apple’s New Phone: SE
  I recently read about all the hype on Apple products from the recent product event and special notice was taken to the big push on their new phone the SE which starts at $429 versus $699 for the cheapest iPhone 13. 
  
• Would you fly in an airplane that uses only electricity?
  The electric vehicle market has taken off, but there’s always the question would you fly in an airplane that uses only electricity? Most of the time the answer is no but there is another alternative for clean energy. General Electric developed the use of hydrogen to run gas turbines to generate power which generates zero carbon emissions. They are now adopting hydrogen to be used with jet engines
  
• Energy Sources
  Electric vehicles seem to receive all the hype, but I believe it would be best to have multiple sources for energy. If we become too dependent on the electric grid, outages or supply disruptions could cause major price spikes. 
  
• 10-Year Treasury and the Housing Market
  The 10-year treasury crossed the 2.5% mark today. Last year I thought we would hit that level by the end of 2021, it came about three months later than I expected. This could cool the housing market as mortgage rates continue to rise pushing more and more people out of the housing market as the monthly payment becomes too expensive. 
• Harrison Johnson, CFP®: Financing with Higher Interest Rates