“Extraordinary monetary policy has one function, and it is to amplify yield-seeking speculation when investors are inclined to speculate. This amplified speculation has extended to every corner of the financial markets, from equities, to low-grade debt, to private equity. We can never rule out desperate behavior from people who respond in alarm at even the smallest market correction, and appear frantic to keep a hypervalued bubble in play regardless of longer-term consequences." John Hussman
31 December 2017
Happy New Year
"In the beginning God created the heaven and the earth. And the earth was without form, and void; and darkness was upon the face of the deep. And the Spirit of God moved upon the face of the waters."
Genesis 1:1-2
"In the beginning was the Word, and the Word was with God, and the Word was God, and was in the beginning with God. All things were made by him; and without him was not any thing made that was made. In him was life; and the life was the light of men. And the light shineth in darkness; and the darkness comprehended it not."
John 1:1-5
"Then I saw a new heaven and a new earth, for the first heaven and the first earth had passed away, and the sea was no more. And I saw the holy city, the new Jerusalem, coming down out of heaven from God, prepared as a bride adorned for her husband.
And I heard a loud voice from the throne saying, 'Behold, the dwelling place of God is with His people. He will dwell with them, and they will be His and God himself will be with them as their God. He will wipe away every tear from their eyes, and death shall be no more, neither shall there be mourning, nor crying, nor pain anymore, for the former things have passed away.'
And he who was seated on the throne said, 'Behold, I am making all things new.'"
Pray in the Spirit at all times and on every occasion. Remain alert and faithful in your prayers for one another, everywhere. Eph 6:18
Pray for the intentions of our readers, and for all those who visit here this week. And especially we pray for those whose hearts are hardened by anger and greed and pride, that they may experience the three great gifts of our Lord's suffering and redemption: repentance, forgiveness, thankfulness— and through them a life made whole through His loving kindness and tender mercies.
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