Welcome to the John Lennon economy: Zach Abraham joins

It’s human nature to chase after riches. Right now, with stocks utterly divorced from any form of reality, people are buying them because . . . other people are buying them. That’s why I am calling it the John Lennon economy.
“Living is easy with eyes closedMisunderstanding all you seeIt's getting hard to be someone but it all works outIt doesn't matter much to me
Let me take you down'Cause I'm going to strawberry fieldsNothing is realAnd nothing to get hung aboutStrawberry fields forever”
. . . Blackrock knows what’s happening in finance, they CAUSE what happens in finance. Zach Abraham is going to tell you how Blackrock is about to dump assets they know are expiring onto people like you and me, all while pretending to help us. I think Jeff Bezos is doing the same. Learn about parabolic markets and why Zach is willing to lose some clients rather than chase the current thing.

What does God’s Word say?
Proverbs 13:11-21 11 Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
12 Hope deferred makes the heart sick, but a longing fulfilled is a tree of life.
13 Whoever scorns instruction will pay for it, but whoever respects a command is rewarded.
14 The teaching of the wise is a fountain of life, turning a person from the snares of death.
15 Good judgment wins favor, but the way of the unfaithful leads to their destruction.[a]
16 All who are prudent act with[b] knowledge, but fools expose their folly.
17 A wicked messenger falls into trouble, but a trustworthy envoy brings healing.
18 Whoever disregards discipline comes to poverty and shame, but whoever heeds correction is honored.
19 A longing fulfilled is sweet to the soul, but fools detest turning from evil.
20 Walk with the wise and become wise, for a companion of fools suffers harm.
21 Trouble pursues the sinner, but the righteous are rewarded with good things.

Episode 973 Links:

• Apple Spikes To All Time High, Gains $60BN In Seconds On Report It's Working On Own ChatGPT Tool
• Goldman Profit Plunges As Banking, FICC Miss; CEO DJ Sol Hammered By Multiple Writedowns
• Rep. Maxine Waters on left-wing ESG investing: "It's inevitable that everyone is going to have to participate. We have to do it in order to save this planet."
• The Dept. of Defense has failed 5 audits and can't account for 61% of their assets...

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Broadcast on:

21 Jul 2023

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