Quadruple Witching, Lots of Shipping, and Chinese Coronavirus Lockdowns(Tom Kemler)
Description
Welcome to another Weekly Market Update with Tom Kemler. In this episode Tom and Jeff discuss
- The results of Quadruple Witching from last week were all positive, which is not necessarily great for the future.
- Dredgers still working on the Everforward.
- BlackRock CEO says that Ukraine war spells end of globalization.
- US Grain Costs Soaring due to the War and Drought Swinging Demand.
- Russian Grain Exports Keep Moving But With Few New Deals Signed
- Biden warns of Global Food Shortages due to wheat supplies upended by Russian-Ukraine war.
- All Eyes on Russian Oil as Cargos go Underground.
- Suez Canal raises tolls over 10% on Crude Oil Tankers.
- Ukrainian missile destroys 370ft Russian Landing Ship
- Maersk Ship Loses Containers in the Pacific Ocean
- Chinese Coronavirus lockdowns jam ports in Hong Kong and Shenzen, create more chaos.
- China sees “Unprecedented” Capital Outflow due to war.
- A drastic move in Treasury Yields
- Most Interesting Thing: Kim Jong Un Channels “Top Gun” in bizzare video of North Korean Missle Launch.
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.
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