The Wall Street cheerleaders who have been urging the Fed to cut interest rates because of the increasing financial stress apparently did not get the memo from consumers based on the current spending data, which accelerated in March following a 'slowdown' in February. March consumer spending was up 5.9%
Have you been following along with our BRI objections series? We're in month 4 (and objection 4) this month. If you missed any of the previous objections, you can find them all here. This month the focus is going to be on the assumption that biblically responsible investment portfolios have
When helping clients, advisors, and students understand the market I often say, "the market is a forward looking mechanism". Essentially today's prices are the present value of all future income streams. This requires a lot of projections (guessing) about what will come in the future. Interest rate levels and inflation
I have always said you can tell a lot about a person from what they choose to read (or in today's world if they still read). I didn't always enjoy reading, but my 11th grade American Literature teacher helped me find books that I enjoyed which fostered a love of
We saw last month that Nebuchadnezzar was involved in idolatry (with the golden statue he made). King Nebuchadnezzar was a very proud king and thought of himself as omnipotent. Even after God saved Shadrach, Meshach, and Abednego from the furnace, he slightly praised God, but still didn't refer to him
