Well, there’s another breakdown in the supply chain. Surprise surprise.
This time, it’s all caused by the big trucker protests in Canada!
Look at this picture of the blockade at the U.S./Canada border…
Nobody’s getting through that. And that’s a problem.
Russia Ukraine Conflict Could SPIKE This ETF!
I’ve been researching one overlooked ETF that I think is set to SPIKE due to the conflict in Eastern Europe and supply chain crises like the one we’re talking about right now!
According to one article I read, there are at least 150 meat trucks stranded at the border, unable to cross as protests continue.
With meat, it’s obviously an even bigger concern, because there’s a limited shelf-life there.
This is a big problem: the U.S. buys the most exported beef from Canada. So if there’s a breakdown in the supply chain, it’s going to punish Canadian producers and American consumers.
Now, I’m not saying anything about the protests per se.
Everybody can make their own minds up about that.
All I am saying is that we can’t afford any more knots in the supply chain.
Especially when it comes to already-overpriced commodities like meat!
There’s nothing we can really do about it, of course, but it’s best to be prepared. If you have a meat freezer, keep it stocked!
Hopefully, we’re nearer the end of all this mess than the beginning. But this certainly won’t help.
Jeffry Turnmire and InvestPub do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.
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