for their own ships to get goods to americans in time for the holidays. port backups, covid outbreaks and supply country worker shortages mean that toys, decorations, appliances and furniture may be delayed. what usually takes 40 days now takes 80 days for shipping transport. some are pointing the finger at the biden administration. where are they on addressing the shipping problem or trying to unclog the ports. the answer is they re absent without leave. the biden administration wants to regulate shipping rates. it said so even before we had this crisis. that throws more sand if the gears. cheryl: large companies are absorb the cost on a temporary basis. small businesses are really the ones that are in jeopardy in all of this. carley: and what, cheryl, is the latest out of california. cheryl: a nuchal important ya law new california law signed by governor newsom will ban the sale of gas powered equipment by 2024.
he s president of river twice research. thank you so much for joining us. thanks for having me. how do you think the unrest will play into the markets? egypt is a big deal for the middle east, certainly is a testing case for islamism. the suez canal is important for the shipping transport. as an economic factor, it s much less touchy. if you had a breakdown of civil war in egypt, it would have more unsettling consequence than probably what s going going on in syria for the past few years. people have been able to deal with syria without pushing the panic button. today s situation is due to high