I won't go into my personal journey but suffice it to say you can be saved and going to heaven regularly give tithes, offerings etc. and yet not prosper. Why? Because of ignorance. Ignorance of God's word as well as understanding and knowledge. Starting in 2000 I began to invest time and effort into acquiring knowledge understanding and wisdom as it pertained to finances and understanding kingdom economics and its operations in business today.
I've acquired counsel through a former pastor turned investor. Why? Because he applies God's word. He does what he teaches. For example, he has no debt. Why? Because God's word says to owe no man anything but love. Think about this. How different would your life be IF you applied that element of God's word in your family?
He's helped me understand business markets. Because of the size of America's economy it impacts the world.
Therefore, I thought it prudent to share with you some elements from a weekly briefing I receive as I'll use it as source material for our Business Decree this month. You can get his newsletter from http://ultimatewealthreport.com/.
Economic Indicators Point to a Looming Economic Storm
This article is being used to provide background for decrees we can pray and proclaim in the business sphere. Click here to get your 1Church1Day app.
The images below are from one of his weekly briefings. Bottom line he illustrated using a variety of graphs to show that business pros see a very risky business environment. They see things like:
- There is an increase in gold purchase (investors use this as a hedge for dangerous financial times)
- Consumer debt is at an all time high
- Few people have emergency funds
- The housing market is way over extended (like in 2008)
- The stock market has a PE ratio higher than it was prior to the 2008 recession
President Trump has inherited a historically low GDP. It needs to be at 3 to 4% to sustain growth. It's closer to 0.9%. He inherited a bloated stock market and housing market. It normally takes policies 9 months to a year of application before it even begins to take effect. People and the news will blame Trump but the truth is, it is not his fault. So it is important to recognize that.
We can expect to see the stock market and the housing market drop significantly in the short term. But for those who are wise, there is opportunity. To learn how we can pray and respond I'd encourage you to get the 1Church1Day app and visit the Business Decree section and pray and then act.