David Spika

speaker

71 appearances 1 recordings 1 series first heard Jul 2018 last heard Jul 2018

David Spika’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · This Should Worry Investors for the Rest of the Year · 30 Jul 2018 podcast

And you wouldn't want to put your entire portfolio in those asset classes.

But a portion of it, particularly when we're this late in the cycle, the Fed's raising interest rates, all indications are that the market's getting a little bit long in the tooth.

That makes sense at this point.

Well, that is specific to Facebook, but Netflix also had a weaker-than-expected earnings report.

And we're seeing guidance from a lot of corporate managers here reporting second-quarter earnings that indicates they're worried about trade issues.

They're worried about rising interest rates.

They're worried about rising costs, whether that be commodity costs or wage gains and things of that nature.

And so I do think that's something that we need to pay attention to.

It should make investors somewhat cautious, again, realizing that stock prices are at pretty extended valuations.

We're nine years plus into this bull market.

At some point, the stock market is going to have to roll over.

And the Fed raising rates, we can't discount that either because that always occurs prior to a downturn in the market.

Can you just briefly explain that?

Sure.

Faith-based investing would be investing in companies that are consistent with your faith values.

So at Guidestone, we are a Christian firm.

We operate completely undergirded by Christian values.

And so our portfolios reflect that.

So we do not invest in certain industries that are not consistent with our values.

And so we've got lots of investors that also have the same values, and they don't want to support industries that they don't believe in, that they object to.

Showing 41–60 of 71 · page 3 of 4