Retail sales were awful but January numbers can be a bit hinky. (Tom Kemler)
Description
Welcome to another Weekly Market Update episode of Money Trekker Podcast with Tom Kemler of BKA Wealth Consulting. In this episode Jeff and Tom discuss:
- The Fed made a big statement last week about their strategy going forward.
- Ningpo, Tianjin, Shenzhen Ports in China closures due to Covid has had a major impact on Freight Forwarders.
- Inflation continues to go up on a consumer basis, but PPI shows that businesses are continuing to have to offset that cost.
- Retail sales were awful but January numbers can be a bit hinky.
- We are less optimistic than we have been up to this point.
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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