2026 09 09 Financial Issues

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1:03This week at Vons and Albertsons, get fresh, boneless, skinless chicken breasts for 1.99 per pound limit 10 pounds. And locally grown grape-ary cotton candy grapes are 2.99 per pound with digital coupon. Plus 24 packs of Canada Dry or 7-Up 12-ounce cans are 4.99 limit 1 with digital coupon. Enjoy fresh and delicious savings for every meal. Hurry in! These deals won't last. Visit vons or Albertsons.com for more deals and ways to save. Welcome to Financial Issues, where we help you steward faithfully by honoring God with your investments. Now listen in as we give you the practical tools and advice you need to become a Biblically responsible investor. This is Financial Issues, where we help you defund darkness and fund the light by investing with Biblical integrity. Welcome to our Wednesday show, folks. It is winning Wednesday. We're excited to be with you here today.

2:05Also, what in heaven's name did the FedBajepook have to say about data centers recently and why in heaven's name should you or I care about it? Well, we'll discuss soon. Great to be here with you, Sethi Dinsky-Sam Case and your host, Mark Manila Mark. I'm on the edge of my seat waiting for your wisdom about the FedBajepook. Well, I think you forgot one question is why is heaven's name used with the big book? That's a good question. That's a good question. I guess I just asked myself because that's what I wrote in my intro for the show. There you go. Hey, folks, listen to the number 610-363-1110. We would love to hear from you. Give us a call today. 610-363-1110. Guys, our verse of the week, just a reminder, Psalm 46 verse 1, God is our refuge and strength, a very present help in trouble. Good reminder for us, Mark, especially as we look. I know yesterday, even we were looking at some of the chaos in the world and the chaos with the debt and all that stuff and the reminder that God is our refuge and strength is really sweet. And in these markets, everything seems to be trickling down and not everything.

3:08The good news about the market is there's always something somewhere that's worth buying or that is going up. But in general, we're seeing, I think we're seeing a pullback, really. And I really want everybody listening, our partners, especially, to realize that your portfolio needs to be tightened up at this time. You need to be looking at it and saying to yourself, what items in here are weak or have weakened, not just price, but we're looking at financial issues. Are there some products that I'm carrying that are a little bit weak? Because generally, I equate it to like a boat on the ocean. If the haul is weak, if the motor is weak, and the storm comes, there's a good chance that's the ship that's going to go down. Not the one that's made out of two inch financial issues steel. And that'll stay floating and continue on its course. So you want to make sure that you're not only pruning back the winners and locking in those

4:09gains, you also want to make sure if there's weakness in your portfolio, that you're trimming it back now, so that trimming it back or eliminating it. And it wouldn't hurt to be slowly accumulating a little bit of cash, so that we can take advantage of any blue light specials that may come up in the near future. And or just as putting it in the money market for a while, as we, there's a lot of people who like to sit out the midterm elections are almost any election to see what's going to happen. That's up, I can understand the fear in that or the concern that all sorts of ugliness could happen in the market, but we have to make sure that we don't move out of fear. And I've often seen those same people miss very good runs and miss very good markets because they sat out through that time, worried that the world was going to end when one more of the opposite party got into, got into office or something.

5:10So we want to be careful. We just need to be prudent. Remember, that's what stewardship is all about. Prudence. Well, and we're coming up on the end of the year. So it might be a good time to trim the chaff and get some tax larry missing in too. Yeah, we're almost there. We're almost there. Let's get into the third quarter on that. Well, I guess, yeah, when we hit October, you'll probably hear me talking a lot about that. It's harvest season harvesting time. Six, 10, three, six, three, 11, 10. All right, guys, let's dive in here. Yeah, I'm open the book, if you will, on us on what is going on with the Fed beige book and its data centers. And why is this a board? Yeah, exactly. I can't think of a more bureaucratical government color than beige. So yes, the Federal Reserve released its beige book report recently showing that data centers becoming a central part of the US economy for those who don't know the book compiles reports from business leaders, community leaders and government officials across the Fed's 12 districts. So kind of a temperature check for the Fed.

6:13This latest report mentioned data centers 25 times, which for context is more than four times as often as last year. So a major increase in mentions of data centers. Construction, of course, is seeing the biggest boost companies are competing for workers. And some are raising wages by as much as 35% as a result. In fact, one contact in Chicago said, without data centers, construction would be in a recession. Social legal services are also seeing a boost on top of that. Spending on data centers, construction hit a $75 billion annual rate in July. That's up 57% from a year ago. And that number doesn't even include the computers and equipment going inside those buildings. So Mark, before we get into all the details about the data centers and the role in the economy, what are your thoughts on the beige book? Do you like the color beige? Is it helpful for understanding what's going on in the economy? What's your favorite flower? Right. Right. The middle of the beige, those are your objects.

7:14You know, I, I, yeah, I've seen here listening and I can't help, but I'm having all these smarmy thoughts going on. Smarmy, that's okay. Yeah, I gotta be careful here this morning. The beige book, you don't hear about it much because a lot of people don't put a lot into it because we don't know how biased that really is. You know, when you talk about something like a, a federal governor. It's Paul in America. Make it count at the Ram Drive-In to Fall Sales Event. Make it powerful with our strongest Ram 1500 ever. Make it move with the Ram Heavy Duty with an available Cummins diesel and make it go to the distance with a 10 year or 100,000 mile powertrain limited warranty. Hurry and now for great deals during the Ram Drive-In to Fall Sales Event. Excludes fully electric vehicles applied to 2026 model year vehicles non transferable visit millpour.com for complete details and a copy of the powertrain limited warranty. Cummins is a registered trademark of Cummins Inc. Ram and Hammy are registered trademarks of FCA, US, LLC. With verbo care, help is always ready before, during, and after your stay.

8:17We've planned for the plot twists so support is always available because a great trip starts with peace of mind. Toyota's easy choice sales event is on. Whether you're looking for the performance of the Camry, the versatility of Rav4, the efficiency of a Corolla, or all electric driving in the BZ, there's a Toyota that's just right for you. And with great deals across the lineup, now's the time to find yours. But hurry, these deals won't last long. Toyota's easy choice sales event ends soon. We make it easy. Toyota, let's go places. Point out and talking to his friends in the government and talking to government officials that they know and talking to you boss. Who are they really talking to businesses that they know? Doesn't it become a reverb chamber?

9:17And so you take all these reverb chambers of people who know each other, talking to each other and surveying each other and to come together and then they put something together. And then then we have the media that's going to take it and start discerning it. Because something is mentioned 24 times, doesn't mean that it controls the economy. It just means it was mentioned 24 times in this report. And that's been the takeaway is that now the economy is just built on data centers, the rest of you said, this means far more of the US economy now relies on the fortunes of one industry than it did just a couple of years ago. What do you think of that? Yeah. Yeah. You know, it represents roughly 3.5% of the construction in the US right now. So maybe that contact that said without data centers, we'd be in a recession is a bit of an overstatement. Yeah. How about get out of that reverbs center, Mr. Governor and go ask somebody that doesn't

10:20agree with you that you don't know what's going on in the construction business. And maybe you'll see the factories that are going up. Maybe you'll see that we have more home inventory being built than we had in a long time. Did you know we have nine months of starter home inventory right now? A lot of people don't know that why not because everybody's focused on 25 times. The data centers were mentioned in a beige report. You know why it's beige because it's fading already. I'm not putting a lot into it. I'm just and I don't want to diss it. It's good. It does give us a peak into some thoughts and some minds, mostly what the feds are trying to do, not what anybody else is. They're trying to create an argument. I think I just don't trust the Federal Reserve to begin with, even with appointees or with our new Fed chair. I like him, but he's still part of the Federal Reserve.

11:21So we got we got to be careful. Trust, but verifying. Yeah, although he has said we need better data gathering tools and maybe he will make some updates on the basis. I like that too. Eventually when it becomes real data and just not opinion and a bunch of guys smoking cigars, sipping a whiskey somewhere in a private bar and talking cognac. They're fancier than whiskey. Yeah, cognac. You know, it's just crazy. I it's just crazy in the sense that the media has become such an influencer in our society that people really believe everything they hear from mainstream media. I just was working on an op-ed about about the free enterprise system and the government only now start known more and more companies. They've done it in the past. They did it multiple times, but it's concerning me. And the first person I showed it to was like, well, are you know, what you're trying to

12:24say is that we're just becoming a socialist nation. I said, well, we are leaning that way, isn't that what socialism is? Is that good or bad? I'm not saying whether it's good or bad. I'm just challenging these things, but it was like, okay. So let's talk about affordability though. It's like, what? You know, it's like, let's go back to the political terms and the political chance that are going on and not talk about the reality of everything. I think the beige book is being touted because there's not enough ugliness to throw at this administration right now. So they're going to try and create a fear in the marketplace. But you don't have to adapt that fear. We're stewards. We don't have to say, oh, just because it was mentioned 25 times by 12 men in a room with their friends doesn't mean it means anything. It's 3.5% of the economy. You know what's part of our economy is when we answer questions. 610, 363, 1110s, the number you call.

13:26You might have some insights into the beige book that maybe I don't and you'd like to talk about it. Give us a call. 610, 363, 1110. Hey, today's show is brought to you and part by our friends over at pre-born. Can't say enough good things about pre-born. What great work they do in saving babies. They've saved hundreds of thousands of babies from abortion. Dan Steiner and his team, they just do such a good job. You want to learn more about them pre-born.com slash FISM or you can dial pound 250 and say keyword baby. If you're more comfortable talking to someone on the phone, be a great thing to do.

14:27Sam and Mark, the markets yesterday opened the shortened week a little bit in the red. I don't know if they were spooked by any of the things we talked about in the first segment or just because they're the markets. That's what they like to do. The Dow Jones was down a full percent and changed. The S&P down a half percent, the Nasdaq down a third, the Russell 2000 was also down about a half. The pre-markets this morning are all red as well, Mark. Oil is green. I'm sad. No, I'm not sad. I would rather those colored be green. Gold and silver are green too. See, that's good. Doesn't that mean they're tarnishing if they're turning green? That's copper. Oh. That's good. That's good. That's good. That's good. Well, guys, why don't we have a little palette cleanser here, switch gears, get some excitement going. Winning Wednesday after all. It is winning Wednesday. It is. Yeah, we're seeing some interesting things, good things happen. I think in our nation's governmental system, give us the updates here, Sam. Let's go. Yeah, this is very exciting. Another win from the Trump administration for religious freedom. The Justice Department releasing a new legal opinion saying that faith-based organizations

15:30should have equal access to federal funding programs and that the government can't deny funding simply because an organization is religious. So I want to say that you hear opinion. What does that mean? Is that just mean that, hey, this is what we want to do? Whatever. No, this is really expected to do something to serve as really official guidance and guidelines for the executive branch going forward. The new guidance, in fact, is built on recent Supreme Court opinions, including a recent case that said states can't withhold tuition assistance programs from religious schools. I think that's something we've talked on the show before. Yeah. The DOJ said in light of that ruling and others like it, regulations that put religious restrictions on federal funding violate the first amendment. So I think that's a big win, guys. I do too. Yeah. And it seems like we've been fighting this forever. Like you said, it comes from a Supreme Court opinion. I remember that fight from it seems like years ago and years ago and it just seems like it never stopped. Yeah, I think that was a 2022 ruling.

16:30Yeah, even though this keeps coming down from the Justice Department, we still see states and we see officials in states still bucking against it and then having to be taken to court. That's why I thank God for people like Matt Stavers at Liberty Council who stand behind Christian organizations and fight for them in front of the Supreme Court and obviously the lower courts as well. Yeah, Mark, that is really good stuff. One of the thoughts that I had with this guy is, and both of you guys, please tell me if I'm thinking wrongly on this, but I don't want to be discouraged and think, okay, well, next president, if he's a liberal or she, I suppose, that person's just going to revert this because the same, this original thing came from 2022, you said, which was the Biden administration. Are we just going to be going back and forth here where conservatives will be pro-religious freedom? Liberals won't be and we just won't move the ball forward at all. Well, that is kind of the problem we're at right now where the Congress doesn't really

17:33institute anything lasting. We're just living and dying by executive order. So that is a concern. Yeah, but this is an executive order. This is from a different sleeve of our government. Right. This is from the Supreme Court. So it's different. It's that president run this topic. So it is a bit different and it is moving in the right direction. So let's praise the Lord. Amen. Good stuff, Mark. Love that. Sam, thanks for bringing that one up. Good question. Brock is 51. And he said, Mark, I just read an article in the epoch times called the looming AI column collapse looks familiar. I was wondering if you're concerned that we're in a potential AI bubble, kind of like the housing market and the internet bubble in 2007 and then back in 2000 as well, about 25% invested in technology along the lines of the asset allocation model recommendations for growth. Within that 25% there's several kind of heavy hitter aggressive plays that he's in their mark. Let's to know your thoughts on this. Are we maybe in a similar, you know, we always say history never repeats itself, but it

18:36does mirror itself and it rhymes often. Are we seeing a similar bubble that we saw in 2007 and 2000? We're having Wall Street rhymes. That's right. Actually, there's a rhyme in this or at least a connection to our first story, the beige book and the development of the construction going on in the data centers. It seems like the word has gotten out to the liberal left media that we need to talk about construction, not that I'm saying Brock is that way, but he's reading articles that are already out there based on all the same thing. Our whole society is based on our whole economy is based supposedly now based on AI. Well, it's not. I remember going back a little ways where they said all software companies are going to die because AI is going to take over. Guess what? AI is software. I want you to think the software companies were already adapting it. People didn't see that coming. They just heard over and over again on the sound bites from talking heads from the left wing

19:38media, the anti-Trump media, the anti-God, the anti-family media that the world that the sky is falling. Well, it doesn't mean that sometimes parts of the sky don't fall, but that's mostly Elon Musk satellites, but what's the matter? But nice. Yeah, I wouldn't compare it directly to 2007 housing crisis. That was a leverage credit crisis, not so much like we're saying. Compared to the, I don't know, the internet bubble is a little closer. Although I think that the big difference here is we have huge strong companies that their valuations have shot through the ceiling. We're in the internet bubble. We had companies with no revenues, no products, no services, just ideas that shot through the ceiling. Dawgfood.com. Give me mine. Yeah. It's still a little bit different, but that doesn't mean there's no correlation there.

20:42I think we need to be very careful. The valuations of the AI industry and those supporting it have gone through the ceiling. We've talked about this since January or probably October of last year. That's why I keep saying don't let those things run away. Start locking and start locking in your profits so that it doesn't get taken away when the market starts normalizing as it seems to be doing now. So yeah, my greater concern, Brock, is not that you had not that there's an AI bubble, but that you have a large amount, let me rephrase this. It's not that you have a large amount of technology because that's the largest sector that we still believe is the largest sector in one of the strongest sectors right now. It's that it sounded like from the conversation and I might be wrong that you have a lot in just a few.

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22:43Extra value meals are back. Get a big something extra with a big Mac or 10 piece McNuggets, fries and a medium coke all for just $9. Limited time only, promotion pricing may be lower than meal pricing. Items within there instead of many because remember our technology sector includes communications as well as AI as well as chips as well as memory as well as service companies that companies that do all sorts of things. There's a lot in the technology area that you could spread out into and not be so heavy in just AI. I guess if you're not great, if you are my recommendation or my thought is just take a time, pray about it, consider maybe diversifying within the tech sector a little bit more. And if you find that you have some weakness in there, go ahead and get rid of that weakness and you don't hit the buy-in directly right now unless you have something else you already

23:45want to jump in. Hey, that's great, Mark. 610, 3 6 3 11 10. Mark, I think we got time to get to a call here. Jason is calling from Arkansas. Jason, welcome to financial issues. Glad you're giving us a call. What's on your mind? Well, just want to say to you guys, thank you for everything you all do and it's a blessing to hear all the information and be able to apply it. And just wanted to get a little bit of insight. I have a Rolls-R-A that is currently maxed out. I can't contribute any more to it. And there is a SLVM. I've held for a little bit. I've just down about 38% and I'm not sure if I need to consider selling it right now and applying it over to the technology sector because I'm still down and yet and I have some room left and yet. So I'm sure what the long-term look was on SLVM whether it need to hold it or take the

24:47loss on it as it is now and apply it over to another sector. Can you give me what is it? It's a SLVM. This is a SLVL. So Vamo and market is currently a hold. The first quarter earnings weren't looking all that great but the stock does, it looks pretty inexpensive right now so might give the air of a blue light special mark but we have it right now as a hold and kind of wait until further notice. What do you think Mark? Yeah, I would agree on that. And as far as moving into tech yet you could do that but find it, make sure it's made a steal and the valuation is not over the top right now. That's the only guy inside give you in moving more money into technology. I know you want to bring it up but sometimes there's no rush especially during a pullback. What was it? There was app loving the other day came up. Yeah. A pullback hard and maybe that one truly is a or if not it's very close to a blue light

25:50special right now because it does have the financial issues still and it does have the future potential and it does have backlogs and there's just all sorts of wonderful things about it but it got beat up really bad. It doesn't mean it's done being beat up yet though. So you want to be careful with that. You may have to ride it a little bit. Take a little sledding down the hill with it before it turns back up but we feel very comfortable with it. It's on the buy list. So Jason, I'd say you're heading in the direction. Let me interject here is which I currently hold that position and that was one of the tech stocks that have that and care wolf have that have several others so I'm kind of diversified in that sector and I have some room for those and so it's kind of well if SLVM if it's going to continue holding this pattern for an extended period of time it might be a good opportunity which I did purchase some more app the other day app loving whenever

26:53it did drop down there's like well because of being that rolston can't contribute it's like maybe I need to get rid of this one and kind of move it around. So I'm trying to think about the strategy here. So you're trying to decide whether to sell off SLVM and buy other tech stocks or something stronger or something that seems to be moving in the right direction in the tech area. I don't see any problem with that. Right now the valuation in SLVM is getting interesting to me. The business quality solid the valuation is attractive. I think you could go either way you could just hold in and write it on in or move over but I think even a better is to take your time and find those tech stocks that are a value wait till they come up and then move at that point. 610, 363, 1110 we'll be right back Jason thank you for your call God bless you.

28:01Give us a call folks 610, 363, 1110 great to have you with us this morning markets just opened up and everything is in the red looks like Brent crude oil has eclipsed $100 a barrel mark. Yay. So that's what that's looking like. Why are you saying yay? That was that was a sarcastic yay. He's winning Wednesdays trying to see everything. Everything positively. Exactly. Mark here's a good question in our chat Justin from Texas was asking this one a lot of people wondering about it as well. He's saying the Casey earnings call happened last night actually the market is tearing them on stock price everything sounds good. I'm thinking it's because same store sales are just barely down. I bought some more shares in after hours taking advantage of the pullback. Can you comment on the earnings call released and what Casey looks like again C.A.S. wise the ticker symbol.

29:02Sure sure as you know I've often said I like the stock for many different reasons the way they ran the company the way they their growth has been steady I call it a step stock meaning it's step by step it goes up. I think they did get ahead of themselves and that's why we ended up putting it on a hold list instead of a buy the valuation got too high but their earnings report or the report was not bad earnings per share up 27% net income up 27% a bit up 17% revenue up 24% fuel gross profit up 19% inside gross margin improved 42% Inside same store sales grew 3.2 however versus 4.3 a year ago so their in store sales actually slowed down a bit and it was below wall streets 4.1 projection so people looked at that

30:10and they said oh it's slowing down it's Wall Street they didn't meet Wall Street expectations in which so what but we're going to weep and mash or teeth on the list so we saw some institutional investors selling it off as what's happening their food and beverage comp slowed as well and I guess that's that's kind of important but it wouldn't be so important but operating expenses rose 8% while the same store operating expenses included excluded credit card fees of 5% so we're seeing a lot of changes going on now this is not untippical of a company that is in growth hurts they just bought a whole a whole company down in Florida that had many store I mean in Texas they're expanding and as that happens yeah their debt goes up things happen and I think we need to watch this because sometimes even

31:18good managers can get ahead of themselves even good business owners are are people executives can get ahead of themselves and think they can't make a bad decision so I'm not just seen on KC I still believe in it I just think we're going to go through a slower period of growth here we may see some more poolbacks and that that's okay we need to get the the PE in line with with where what where the company is right now let me let me just summarize it real quick business quality strong revenue growth is strong earnings growth is strong same store sales they've slowed a little bit but they're still positive operating margin is very healthy debt it's manageable but I'm starting to get just the wee bit concerned about it you know it's still they're they're debt their interest coverage is great free cash flow at 649 million over the last 12 months so the two areas

32:22that I'm or the one area I'm really concerned about is right now the valuation it's better but it's still a premium so I'm not going to rush anybody into it I think staying on a hold makes total sense to me right now I still believe in them I just want to see it start buffing up a little bit more you know before we move forward not the price but the company I think the price will they'll grow into the valuation pretty quickly if they if the expansion takes hold that they've just moved into recently and that's what I'm looking for they they're moving into the stuff they have to remodel they have to do all these things and all these stores that they bought and built and they have to get them profitable once that happens we'll see the numbers change again and hopefully they'll grow into what the valuations are saying they should be you know mark that leads to an interesting question from Cheryl in our chat and it's a great question she's asking how do I tell which stocks to trim you know anything that's lost its steel so it's moved to the hold list

33:26is there anything else I should look for if it's weak I mean right now Casey we still see a lot of parts of it very strong but we have moved it to the hold list how do we tell mark which stocks should hold as a whole not a sell yeah okay trimming pruning blocking and gains or you know there's also the concept of the weakness when when the markets start getting weak and your portfolio is being affected by a weak market then you want to look at the weakest of your week you want to see those that not only from a price perspective but also internally because usually those that don't have the steel are the ones that'll sink the fastest and the farthest and the recovery won't be as strong as the rest of them so if you're if you're concerned about going into the November elections if you're concerned that the markets have carried been too strong for too long then it's time to really not only be trimming back pruning down locking in your profits but

34:31it's also time to start looking and say do I have any weakness here what what companies have way too much debt that's another indicator that that that is like anchors you know you can have too many anchors on board and when the winds come it's going to pull you down so that is like dead weight that is like dead weight during downturns because it gets scrutinized so much more so you want to look at those kind of things so the the quick we have a quick evaluation that you know it's called the four gates you could download that from financial issues.org and it gives you a quick analysis and you can look at your stocks that way and a while back we were talking with Justin we were talking about lining your stocks up and doing a relative strength the equation on them and he uses a simple one where he just looks over a certain period of time say six or twelve months and shows which stocks have performed the best and which has performed the worst

35:34I throw cash in there or money market and anything before the below the money market becomes very suspect of whether I should own it or not so just some thoughts for you Cheryl and yeah so I think I think this is a good time to be looking at your portfolio to start reevaluating is in an align with your goals and everything else. Well said Mark it's really good folks listen if you want to give us a ring the number right now six ten three six three eleven ten we'd love to hear from you by the way I did want to make mention as well our new show stewardship today our weekend show is active and poppin and we're so excited getting that on some big radio outlets really cool stuff but if you're interested in that show you can listen to it for free at your leisure at financialissues.org you just go to the watch tab normally where you'd go to watch financial issues and then you just click on the stewardship today button you can get all those episodes that we've released on demand again we released new episodes weekly of stewardship today so check that show out that'd be a great show especially if you're if you've got someone in your

36:37life who you know hey you know they don't really know much about investing but this is kind of a way to get them to understand a little bit more about it be a great thing for you to do so check it out again financialissues.org on our watch page we got the ag report coming in guys are weekly ag focus from Craig Halgur to men more financial issues right after this break again the number is six ten three six three eleven ten give us a call it's fall in jeep country and during the drive into fall sales event get a great deal on four by fours that refuse to be contained like jeep rankler confidence built into every drive with the most awarded SUV ever jeep grand Cherokee and freedom that can't be denied with the open air freedom and jeep gladiator after 85 years it's no surprise that jeep became America's SUV brand get a great deal during the jeep drive into fall sales event jeep is one more awards over its lifetime than any other SUV brand jeep and the jeep grill or register trademarks of fca uslc right back this is Craig Halgur with your weekly financial issues ag focus today I'd like to take a look at the broad base rally that we've been seeing in the grain markets grain markets rally sharply in august with wheat gaining 17 and a half percent

37:41corn increase by 5.6 percent the strength initially centered on wheat in the black sea supply chain risk but brought across the grain complex as weather concerns trade uncertainty and geoplitical risk increased so means also we're stronger rising by nine and a half percent during the month while so being oil gain 3.2 percent in contrast so being meal declined by 4.3 percent indicating that soy complex strength is being driven more by oil values crush economics and biofuel demand by a broad based meal demand now this rally has several key drivers whether in yield risk are certainly among the drivers is emerging concerns around us corn and soybean yield potential have increased sensitivity ahead of harvest the market is closely monitoring late season weather fuel results in the upcoming USDA production estimates also at play our geoplitical and logistic risks wheat remains most directly exposed to black sea export reliability and the Russia Ukraine disruption mille since stability energy market volatility freight risk and insurance costs are also adding uncertainty across global agricultural trade flows for oil seeds we have

38:46strong demand and good crush economics strong Chinese soybean demand domestic crush margins and renewable bio diesel link demand for soybean oil are providing support for soybean values the divergence between soybean oil and meal reinforces the importance of renewable diesel and bio diesel economics to the soybean complex finally we're seeing some support as a result of energy technical and financial market factors air energy prices and strong technical momentum and corn beans and wheat are tracking additional investor interests passive index flows and speculative positioning also appear to be key drivers of the price moves higher of the timing of this move is pretty interesting as it was occurring immediately ahead of us harvest that's a period when the arrival of new crops supplies typically pressure prices lower this creates a market this is especially sensitive to yields producer selling export demand logistics conditions and shifts in geoplitical risk i will soon know if this rally has any longevity but for now at least this nation's farmers are being given pricing opportunities that a couple months ago we wouldn't have dreamed

39:48would be possible if your farmer makes sure that you're rewarding this rally this has been Craig Howard with your financial issues egg focus the opinions and recommendations expressed on this program do not necessarily represent the opinions of the station or any of the program sponsors additionally all products or services offered by the program sponsors may not be known by the program grateful to have you today folks number six 10 363 11 10 Maryland we'll get to you in just a moment here before we get to Maryland mark i do want to just remind our listeners that uh you know you know i've been a little busy lately brother we've been making the rounds on the interview yeah congratulations you were interview yesterday on the what's up program on k h h t f m wait a minute are you guys saying i'm now in the presence of a celebrity stop it stop it stop it how did you go yes

40:51mark it was a lot of fun yeah it was a great time i hope you folks will will take a listen to k k h t f m salam the what's up program with host terry loury terry's a wonderful host mark at a great time with him and we just talked about the op ed that i penned in the christian post uh you know last week on white christmas conservatism can't save america and i was so encouraged mark to hear the passion and the the drive that terry had as well i'm sure his listeners do of wanting to keep yeah absolutely yeah wanting to keep christ at the center of our political movement i firmly believe and i said this in this op ed that if if you if you rip christ out of the conservative movement you don't have a movement anymore it's worthless it's not worth saving so uh that was that was just kind of a piece of it had a great time mark and i understand you did a interview yesterday as well right brother yeah absolutely yeah that was fun it was Steve uh i joined steve on his uh show at k l y t f m nice and we discussed quite a few things but one of it was about texas bringing in gold as

41:52actually uh currency as well as florida and now there's like seven other states and what does that mean and how can we use it and how does it affect the dollar and all those kind of thing it was a lot of fun again another christian station it's a bq connect that online is where you could listen to you could stream that because i think it played yesterday so you could stream it on there it's it's just wonderful to be you know two three interviews a week it seems like uh people are watching the show and it seems like they want to hear what we're talking about on our show so they invite us to different um different venues like radio and television programs that we get to go on and talk about what we're doing here at financial issues what you and i and and sam and all our partners are doing here and all our all our friends in the chat uh so you guys are all famous now because we keep getting interviews about what's going on here and what stewardship is all about and what financials uh biblical stewardship is all about so it's a wonderful thing the words getting

42:57out there and i my guess it's because all of you talk about it that's all we're a bunch of yappers uh by the way all those interviews will be available on the newsroom page once they're aired it's great thank you sam yeah really cool stuff six ten three six three eleven ten all right guys why don't we talk to Marilyn marlin's way to patiently calling in from Kentucky hello marlin welcome financial issues what's on your mind today hi there i've been on or listener member for many many years and you've been such a help there uh but my niece um as written out c didn't want to call in but she's written out a question i have encouraged it uh see right i've been a single mom since my husband left when the children were young i'd already started homeschooling we've had financial struggles all these years but god has been faithful and we've never been homeless although almost and have not gone home great two of my children have asburgers but my homes by my homeschooling and

44:01god's amazing faithfulness both of the boys are on track to graduate from college they'll list big uh asburgers i've had to drive them to school because we only have one car and i could not afford car insurance for more the middle side not asburgers worked enough by the time he was 25 to get him a car and pay his insurance so he had driven himself the last two years into an internship in construction the last two summers my daughter and i were injured in a rep 10 years ago and we have just now received a small settlement 60,000 for me and 75 for her because of the special needs of my two children i was never able to work after they were born even though i have an education degree and after child support payments ended we've pretty much lived on the disability of one son and what my daughter and i have been able to earn doing door dash the fact

45:03that we were a and the fact that we were able to rent the upstairs of an old house for 400 a month we have no AC and i and the three grown children share two bedrooms and we share the kitchen with reclusive men who owns the house so of course we would like to use the settlement to move us sort of more comfortable place to live but my aunt says not until i have study income enough that we could make the house payment because we could lose all the down payment my asburgers daughter is 22 and definitely needs guidance on the 75,000 she is receiving i have no retirement and will have very little so security i'm 61 years old and my diabetes is bad any thoughts on this yeah first of all we just need to stop here right now lord we've become before you right now father if we lift up uh merlin her family her her niece her children her niece's

46:09children and we uh we pray for them lord we know that you're the god of all creation we know you're a loving god you are the you are love god your word tells us that you are love and that you care about us so much more than we even care about ourselves lord yeah there's a lot of burden a lot of heaviness on their shoulders father so we ask you to give them strength to continue to push through we ask for miracles in your name for this family obviously this money was important for this family and you provided it in a way that can give them a little breath in room at least for a while father there's so much more that probably needs to be done i don't even know how to pray because i became a little overwhelmed father hearing the story but you know what they need you know what is necessary in their lives and lord we're gonna trust you with this family we're gonna trust trust you to pull them close to you to let them know your love to let them know

47:14your your your joy and peace in them as they follow your way lord and and if they don't know you that they we pray more than anything else that they come to surrender and accept you as a one true god their salvation their provider the god of all creation the god of everything good father we set them at your feet right now and we trust in you to uplift this family in Jesus name we pray um Marilyn there i i i do hope that they're contacting as many people as possible there are a lot of government agencies out there i know i just the government a lot but one thing that we do in this free society really well is safety nets and there are lots of money out there when i had my advisory i had clients who not exactly like what's going on but similar to what you're going on

48:14and there were there were monies available to help them with housing to help them with education to help them with all uh uh uh medical help with all sorts of things it it's very important to be reaching out and getting uh a counselor uh to help with all these things because there are so many agencies that can mark could i just add something to Marilyn does your does your niece have a is she part of a good church yes and uh they don't know four of them go to the same church but they all are active in church yeah so that was that was another question is i know many churches have a good willful and they have money sent aside to help their members if there's ever in need but they they do help them and good um one of them is being men men men mentor they oldest who's as our great great by a group of men and the middle son is active in campus crusade

49:17excellent well one of the things i tell your daughters don't move quickly right now yeah get that money in a money market don't risk it in the in the market right now i because they have some decisions of make about housing and about other things so but it is step by step they need to make sure that it sounds like uh they need to make sure like you're like they've been um coach is not just to jump into a house because you could lose it right away if you don't have the revenues to cover the mortgage if you're going to be taken a mortgage out on it so you want to be very careful about that uh you the best thing to do is to sit down with a financial counselor and look at the things you have make sure you have the money set aside for any medical for anything's like cars and insurance uh you know we call it the mode around your castle obviously they don't have their castle yet so uh but you still need that mode to keep you from losing everything you do have and right now just preserving that money

50:20as you go through the process of trying to figure out what needs to be done getting rid of debt obviously is a good idea if they have any debt those kind of things we only have like a minute and a half here Maryland um if you'd like to go ahead and forward that uh that letter to me that you just read that are to us that would be great and maybe we could get back to you via email on some suggestions or questions to see how we could help you a little bit more yeah Maryland why don't you stay on the line and uh we'll we'll we'll put you on hold and um maybe we can have Darleen if you can get Maryland's email address that'd be great and we can reach out to you yeah Maryland's address would be great yeah and I and I would ask all of our uh all of our partners all of our listeners be praying for Maryland's family that's a lot to bird that's a lot of weight to to shoulder for a few people but you know with God it's possible and God knows so we have to trust Him and we have to praise Him for the situations both the good and the bad and we have to praise Him even in the storm

51:27I want to thank you all for loving the Lord and for praying for Maryland and for investing with the book of integrity and please praise God for all he's done for you and trust it to you look forward to seeing you all tomorrow God bless everyone if we ever forget that we're one nation under God then we will it's fall in jeep country and during the drive-in-to-fall sales event get a great deal on four by fours that refuse to be contained like jeep rankler confidence built into every drive with the most awarded SUV ever jeep grand Cherokee and freedom that can't be denied with the open air freedom and jeep gladiator after 85 years it's no surprise that jeep became America's SUV brand get a great deal during the jeep drive-in-to-fall sales event jeep is one more awards over its lifetime than any other SUV brand jeep and the jeep grille registered trademarts of FCA US LLC