The stock market has turned into a casino. Nearly half the options on S&P 500 stocks as well as on SPY and QQQ have maturities of less than 24 hours (0DTE). This means that everybody is after a quick buck . . . a REALLY quick buck . . . about as quick as a slot machine in Vegas. Now, 60% of options traded had maturities of 1-2 days, up from 0% in 2010, and 6% in 2018. Investor-to-gambler ratio has changed dramatically . . . by 60-fold in thirteen years. What are the biblical principles that underlie a healthy economy? We go over them on this broadcast.
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Kevin Swanson has served as elder and pastor of Reformation Church, OPC since its inception. Kevin was raised on the mission field in Japan in the 1960's and 1970's. Together with his wife Brenda, they are bringing up five children in the nurture and admonition of the Lord....