DOUGH: Financial News, Spring '23

Abrahams Wallet

There are rumblings and mumblings out on the street, and we're going to get to the bottom of it all. Mark Parrett and Steven Manuel talk through the headline grabbers, grabbing helpful insights and wisdom from all the goo. Much of the hype should be ignored, they say (which is a normal maxim for them). The Bible tells us to keep level heads, even when banks are failing, cryptocurrency's value is indeterminate, and the FED is fighting inflation with everything they've got. Stay abreast of financial news and get a heading in those shark-infested waters.

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Resources mentioned in this episode:

AW Advisory Board episode: https://abrahamswallet.com/podcast/you-need-a-board-of-directors/

Matterhorn, by Karl Marlantes

Flourish.com

About Abraham's Wallet:

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This Week's Episode Rundown:

0:00 Fashion commentary, NCAA brackets

5:30 Intro to Financial News

9:15 Proverbs and the Unbiblical nature of PANIC!

15:10 SVBank collapse

26:50 Inflation and savings accounts

33:32 FED rate movement implications

36:30 What to watch for in the news

39:40 China’s Birth Rate Woes

40:20 Summary