Episode 90 - Ever Forward…Never Forward, Egypt on the Ropes, Shanghai Shutdown (Tom Kemler)

Welcome to another Weekly Market Update with Tom Kemler. In this episode Tom and Jeff discuss

1. The Ever Forward is still stuck in the Chesapeake Bay for almost a month. They are now going to have to unload it.
2. From Last Week: Saudi Arabia deposits $5 Billion in Egypt’s Central Bank. Other countries are putting in $15 Billion. They are trying to stave off a revolution in the country due to the food crisis.
3. Turkey to move the trial of Khashoggi suspects to Saudi Arabia.
4. Russia is shipping wheat at a “Rapid” clip in the midst of war.
5. Thousands of good railcars are stuck at the Ukraine border as was hits exports.
6. Walmart dangles $110k starting Pay to Lure Long Haul Truckers.
7. Biden boosts warehouse unionization efforts at Amazon.
8. Shanghai’s Omicron Outbreak Corners Chinese Leader
9. Consumer Credit is OFF the Charts
10. Wholesale Inventories almost double the consensus.
11. Brainard says Fed to shrink balance sheet rapidly as soon as May.
12. Most Interesting Thing: Fake Homeland Agents infiltrated into the Secret Service

Tom Kemler is the Chief Business Appraiser at BKA Business Consulting and BKA Wealth Consulting. Tom is a Chartered Financial Advisor (CFA), and a Certified Business Appraiser (CVA). Tom has over 30 years of experience valuing companies and studying economics.

Jeff Kikel is the host of the Money Trekker Podcast and has hosted several other Podcasts and YouTube Shows. Jeff is an entrepreneur and owns several companies in the Finance, Coworking, Media, and Publishing industries. Jeff is also the author of 6 books in the Finance, Retirement Plan, and Entrepreneurial areas.

More episodes of the podcast at: www.moneytrekker.com

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