The Federal Reserve has been going out of their way to tell the stock and bond market that they will be focusing solely on taming inflation and won't be looking to stimulate the economy unless inflation is under control. Too much money floating around the system led to too much
There are three mandates for biblically responsible investing: avoid, embrace, and engage. In April, I wrote a blog going deeper into the avoid mandate:
Inflation is dead.......at least that is what you would think by watching the stock market the past two weeks. In reality, the pundits are saying we have seen "peak inflation". They are absolutely right (hopefully). However, that doesn't mean we are done having to worry about inflation.
The source
Talk about conflicting data points. Two weeks ago the data told us we just had our second consecutive decline in economic output (which used to be how we defined a recession). Last week, we learned the labor market fully recovered all of the jobs lost during the short pandemic recession.
So far in the Gospel of Matthew, we've seen the beginnings of Jesus' ministry; however, we haven't really seen Him rejected. At the end of chapter 13, which we discussed in July, we hear about Jesus being rejected at Nazareth, his hometown. This month, we're going to see faith being