This site is made in honor of my Lord and Savior Jesus Christ who gave His life for me and whose blood has covered over my transgressions and thus reconciled me with the Father to whom forever be the glory!

This site contains pictures, videos, commentary, links, posts, writings,etc. meant to in one way or another, directly or indirectly lift up the Name, the ONLY name, under heaven, given to men, by which we must be saved, Jesus Christ.

The postings on this site are meant to provide the believer with uplifting testimony from the Spirit. If you are a believer and feel there is anything which may be perceived as detrimental to the cause and/or advancement of the Gospel, please let me know.

My personal writings are meant to inspire, instruct, and instill a grateful spirit, for I believe it is only right to give thanks to the One responsible for all things and to stay in constant contact with Him.

In addition, this site will in many ways help us to stay awake, as we await THE DAY! It is my firm belief that it is our generation that will come to see the events foretold and pre-ordained before the foundation of the earth spoken of through the prophets and to John, the beloved apostle who "testifies to everything he saw—that is, the word of God and the testimony of Jesus Christ" and whose unveiling declares that "Blessed is the one who reads the words of this prophecy, and blessed are those who hear it and take to heart what is written in it, because the time is near."

Like always, LET US REJOICE IN THE LORD, as we "await in eager expectation for the sons of God to be revealed."

AMEN.

Tuesday, August 25, 2015

Current Events-The Markets

http://www.usatoday.com/story/money/markets/2015/08/25/stocks-tuesday/32317511/

Stocks jumped about 2% at the open Tuesday as Wall Street rebounded from Monday's 588-point drop in the Dow in a stock market rout that sent all the major indexes into official correction territory.

 On other, more important news:

The People's Bank of China said the rate for a one-year loan will be cut 0.25 percentage point to 4.6% and the one-year rate for deposits will fall to 1.75%. The central bank also lowered the amount of crash reserves Chinese banks are required to hold.
Yes. A major US newspaper with writers who graduated from top-notch schools misspell CASH. Instead, they put CRASH.
The announcement was made after the close of Chinese and other Asian markets, which were volatile Tuesday as Chinese stocks plunged again and Tokyo markets also fell sharply after earlier rebounding. The Shanghai composite index declined 7.6% to 2,964.97. The index is now below the psychologically important 3,000 level.

At least YAHOO! made the news a headline:

China cuts rates, reserve ratio after stocks plummet again


http://finance.yahoo.com/news/china-stocks-fall-again-beijing-041447524.html




Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)