1 year ago

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

1. Stagflation continues to be a major concern in the markets.
2. Texas Homes priced way above historic norms may pose problems if the market sours.
3. Does the Mafia Control The Port Authority of New York/New Jersey?
4. Several Factors Point to Shipping Being a Leading Cause of Whale Shark Deaths.
5. Interesting to note that port congestion has reduced in Long Beach, but has picked back up now in the Gulf of Mexico ports.
6. Case-Shiller Home Price Index continues to remain 20%+ year over year.
7. Mixed results for Manufacturing.
8. Construction spending was weak.
9. ADP employment report was weak.
10. Farm Prices are Extremely High.
11. Fear and Greed Index moves from Extreme Fear to Fear
12. Most Interesting Thing: Iraq’s Oil Revenues Hit a New High
13. Most Interesting Thing: 20M Tons of Grain to Be Available to World Thanks to Command Center in Istanbul (Might not Really Happen)
14. Jamie Dimon of JPM Chase says “Brace Yourself” for an economic hurricane caused by the Fed and Ukraine war. BofA’s Brian Moynihan disagrees.
15. Most Interesting Thing: Elon Musk says he has a “super bad feeling” about the economy. Biden says recession is not inevitable.

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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