September 27, 2024

WATCH & LISTEN LIVE: WITH SHANA BURT

TUNE IN TO FISM.TV on weekdays, 9/8c to watch Financial Issues with our host Shana Burt and catch her live commentary, the latest financial news, market updates, investment tips, and more.

WATCH NOW
LISTEN: APPLE
LISTEN: SPOTIFY

WATCH NOW

FISM Compounding Impact Campaign


We are just 3 days away from the close of our Compounding Impact campaign. September 30th marks the end of our fiscal year at FISM. This is the time of year when we generally raise the bulk of our donations. As investors, we all know the principle of compounding interest and how it can exponentially grow your portfolio. There is a similar principle when Christians combine their efforts to impact the culture for Christ.


As we close out our fiscal year, we ask our partners and audience members to consider coming alongside us to compound our impact by donating to FISM. While being a biblically responsible investor is a conviction of the heart and stewardship is an individual responsibility, the more people engaged in the biblically responsible movement, the more powerful the impact will be on the corporate world and the culture at large - thanks to the compounding effect.


Will you consider giving today to help us reach our goal and help FISM have a greater impact on the world for Christ? You can give to our campaign in a variety of ways including a one-time donation, becoming a monthly soldier, or becoming a legacy donor.


Go to our campaign page to find out more and give today!

In The Know: Week of September 27, 2024

GDP Growth Shows Slowing US Economy

ENCOURAGING SCRIPTURE

Only fear the LORD and serve him faithfully with all your heart. For consider what great things he has done for you. - 1 Samuel 12:24

 

This verse was part of Samuel’s final charge to the people of Israel before his death, and with it the turning point from the judges to the kingdom age of Israel.

 

Notice that Samuel has a simple command for his people. They are to fear the Lord and serve Him faithfully. God does not ask us to save the world (that is His job). He does not demand that we be the heroes in every sphere of our lives (He, after all, is the Hero). He simply commands us to be faithful. He commands us to walk with Him in obedience all our days, serving Him with steadfastness. This is not an easy thing to do, but it is wonderfully simple. Let us resolve to be faithful to Him, today and every day.


If you want to study the scriptures and learn more about the truth of the gospel, join our weekly Bible Study every Friday morning at 6:30 Eastern time, 5:30 Central time. Click here to learn how to join.

WEEKLY MARKET RECAP

FOR THE WEEK: Wall Street Indexes Logged Third Consecutive Week of Gains.


The DJIA added 249.64 points, or 0.6%, to close at 42,313.00.

The Nasdaq gained 171.27 points, or 1%, ending at 18,119.59.

The S&P rose 35.62 points, or 0.6%, closing at 5,738.17.

The Dow Jones Industrial Average gained 137.89 points, or 0.33%, to close at 42,313.00; the Nasdaq Composite lost 70.70 points, or 0.39%, ending at 18,119.59; the S&P dropped 7.20 points, or 0.13%, closing at 5,738.17.


Wall Street's benchmark S&P 500 index dipped, as did the technology-heavy Nasdaq composite, but both remained near record highs hit in recent sessions. The blue-chip Dow hit a new record high.


Health care stocks were mixed Friday afternoon with the NYSE Health Care Index rising 0.1% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.4%.


Tech stocks were lower Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) falling 1% and the SPDR S&P Semiconductor ETF (XSD) down 0.4%. The Philadelphia Semiconductor index dropped 1.9%.


Financial stocks advanced Friday, with the NYSE Financial Index increasing 0.2% and the Financial Select Sector SPDR Fund (XLF) adding 0.4%.

Consumer stocks rose Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.3% higher.


Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index rising 1.5% and the Energy Select Sector SPDR Fund (XLE) climbing 1.9%.


The Philadelphia Oil Service Sector Index spiked 2.4%, and the Dow Jones US Utilities index was rising 1.2%.


West Texas Intermediate crude oil was rising 0.8% to $68.24 a barrel while the global benchmark Brent crude contract was advancing 0.5% to $71.97 a barrel. Henry Hub natural gas futures jumped 5.5% to $2.90 per 1 million BTU.


Gold prices were heading for their best quarter in more than eight years on Friday. Spot gold, however, was down 0.7% at $2,649.69 per ounce. Spot silver fell 0.7% to $31.78 per ounce. Platinum was steady at $1,006.78, and palladium fell nearly 2.2% to $1,025.00.

NOTABLE MENTIONS

U.S. consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter, while the annual rise in prices was the smallest in just over 3-1/2 years.


The first interest rate cut by the Federal Reserve signals a U.S. recession is imminent and a dramatic drop in financial markets could once again force the U.S. central bank to come to the rescue by buying bonds.


The Kansas City Federal Reserve's monthly composite services index fell to a reading of minus 2 in September after rebounding to 5 in August, suggesting a return to contraction.


The average prices of single-family houses rose 0.1% in July, below market expectations of a 0.2% rise.


The Conference Board Consumer Confidence Index plunged to 98.7 in September from an upwardly revised 105.6 in August.


Donald Trump said Monday that he will impose a 200% tariff on John Deere imports if the agricultural equipment company moves forward with its plan to move production to Mexico.


Sen. Rand Paul (R-KY) introduced a “Six Penny Plan” resolution that he said would balance the federal budget within five years.


US voters have listed Social Security among their top concerns this election year, but candidates are avoiding the subject.


New orders for manufactured durable goods in August were virtually unchanged from the previous month, increasing $0.1 billion to $289.7 billion.


Real gross domestic product (GDP) increased at an annual rate of 3.0% in the second quarter ("third" estimate).


July Job openings: Little changed at 7.7 million at a rate of 4.6% (down by 1.1 million over the year).


A New survey of company financial officers revealed that uncertainty about the upcoming election is impacting their investment plans.


Costco Wholesale missed market expectations for fourth-quarter revenue hurt by cautious consumer spending on pricier items at its membership-only stores and lower gasoline prices.

HONORING FISM NEWS

Today Marks the Final Broadcast of FISM News


Today marks the final broadcast of FISM News. We would like to thank everyone who has supported, watched, and sponsored the program over the past five years. FISM News was created to serve as a beacon of truth in a world of misinformation, and we trust that it fulfilled the Lord's purpose during its time on air. Moving forward, we will be reallocating our resources from the News program to strengthen and broaden Financial Issues. Below we take a look back at the journey of FISM News, from its humble beginnings to its final show.

FEATURED STORIES

Zelenskyy's U.S. Visit Shows How Fractured Americans Have Become on Ukraine


At CPAC 2022, just days after Russia invaded Ukraine, Republican leaders from former President Donald Trump on down took turns pledging support of Ukraine and Ukrainian President Volodimir Zelenskyy and accusing Democrats of being ill-suited to support a war effort.

 

This week, as Zelenskyy made a grand tour of the United States, the critique from the right wasn’t that Democrats haven’t been supportive enough of Ukraine, but that this support has become pathological. 



Read More

Senate releases scathing Secret Service report

Secretary of State Antony Blinken said yesterday that the US is “intensely tracking” ongoing Iranian threats against current and former American politicians, including former President Donald Trump.

 

Iran has been a persistent national security threat, and law enforcement officials worry that the country is planning assassinations of former Trump officials or even Trump himself.

 

Trump shared on Truth Social yesterday that Iran has “big threats” on his life. He continued by saying, “The entire U.S. Military is watching and waiting. Moves were already made by Iran that didn’t work out, but they will try again.”

Watch Here

House and Senate pass last-minute stopgap bill

Despite some Republican opposition, Congress overwhelmingly passed a short-term spending bill yesterday to avoid a government shutdown next week. The temporary measure passed the Senate 78-18 after passing in the House 341-82.

 

The stopgap bill maintains current spending levels through Dec. 20, which caused some Republicans to object, saying it will lead to a last-minute omnibus package right before Christmas. Speaker of the House Mike Johnson (R-La.) is promising that won’t be the case.

 

President Joe Biden is expected to sign the stopgap bill as soon as possible.

Watch Here

Harris rehashes vague economic plan in solo interview, dodges questions on taxes and price control

Vice President Kamala Harris sat down for her first solo interview with MSNBC, during which she talked about her economic plan, or at least she tried to do so.

 

While she rehashed her vague dreams for the American people, she dodged important questions regarding taxes and price controls. When MSNBC’s Stephanie Ruhle asked Harris where she plans to borrow money from if she can’t raise corporate taxes and Republicans take the Senate, Harris responded, “But we’re gonna have to raise corporate taxes.”

Watch Here

WATCH PREVIOUS EPISODES

WITH DAN CELIA

LISTEN TO THE OLD FINANCIAL ISSUES programs hosted by our beloved founder, Dan Celia, as he passionately told it like it was, from a biblical perspective. His wisdom and insight are still applicable today.

LISTEN NOW

BIBLICALLY RESPONSIBLE INVESTING

FOR OVER 25 YEARS

THE FIRST OF ITS KIND, Timothy Plan is a family of mutual funds that utilize Biblically Responsible Investing filters to ensure that no money is invested in companies that are supportive of ideals that are contrary to our Biblical moral imperative. Pro-family, Pro-life,

Pro-Community: Timothy Plan aligns your financial stewardship with the Godly principles you strive to exhibit every day.

LEARN MORE

WE'RE ON A MISSION

AND WE COULD USE YOUR HELP

LEARN MORE

FOLLOW US ON SOCIAL MEDIA

& DOWNLOAD OUR APP

APPLE
ANDROID

HELP US REACH A BROADER AUDIENCE by engaging with our social media posts. Every time you like, comment or share our content, you help us spread the word about biblical stewardship and multiply the impact of our Ministry. Tap the icon below to share now!

FOLLOW US ON SOCIAL

OUR SPONSORS

ORIGINAL SHOWS

KEEP IN TOUCH

WITH FISM.TV

Financial Issues Stewardship Ministries



General Inquiry

info@financialissues.org


Mail

PO Box 270

Exton, PA 19341


www.financialissues.org / www.fism.tv

The FISM (Financial Issues Stewardship Ministries) is the home of the program Financial Issues which focuses on financial headlines, investing, politics and encourages people to be thoughtful stewards of the money God has entrusted to them. Financial Issues is a live call-in radio and TV program heard and watched internationally.


Confidentiality:This message is intended only for the use of the individual or entity to which it is addressed, and may contain information that is confidential in nature. Any distribution, copying or disclosure of this material by any individual or entity other than the intended recipient is strictly prohibited. If you have received this message in error, please notify Financial Issues Stewardship Ministries immediately and delete this message.


Disclaimer: The information and data provided in this communication is meant for informational purposes only. It is the option of an individual and should not be regarded as an offer to sell, a solicitation to buy, or a recommendation of any security, or as an offer to provide financial planning or investment advice. You should consult with your Financial Planner, Adviser and your Tax Account to make sure of the suitability for you of any investment you make. Understand that ALL investments contain risk of loss of principal and that should always be considered before investing. The user bears the sole responsibility of evaluating the merits and risks associated with the use of any information obtained from Financial Issues Stewardship Ministries, Daniel J. Celia, or Shana Burt of Exodus Financial Services and GA Repple. Although the information provided is obtained or compiled from sources believed to be reliable, Financial Issues Stewardship Ministries, Daniel J. Celia and Shana Burt of Exodus Financial Services and GA Repple do not guarantee the reliability, accuracy, timeliness or completeness of any information or data made available to the recipient of this message for any particular purpose.

FOLLOW US ON SOCIAL