3 years ago

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

1. Update on the Russian Salvage ship sunk during the salvage of the Moskva.
2. The Egyptian Bread crisis worsens. Awakens fears of Political Unrest.
3. Giant Container Ships are Ruining Everything.
4. Beijing is still locking people down as Shanghai loosens up.
5. GDP monthly update got worse.
6. Pending Home Sales dropped drastically over the last month.
7. Supply chain and labor shortages are causing new build homes to take upwards of 12-18 months.
8. New Home Sales have fallen off almost 300k in 4 months.
9. Crude oil prices continue to rise, but not as fast as refined gasoline.
10. Fear and Greed Index is sustained in the Extreme Fear range.
11. Most Interesting Thing: The “How to Murder Your Husband” author was convicted for murdering her husband.
12. Most Interesting Thing 2: A New Worry about Stagflation begins to grow.

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 Valuation Analyst (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

Learn more about our sponsors at:
T-Werx Coworking: www.T-Werx.com
BKA Wealth Consulting: www.BKAWealth.com

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