
Business Bible News Market Minute
Business Bible News Market Minute: August 26 @ 12:00PM ET
This is a Business Bible News Market Minute for Wednesday August 26 at 12:00 PM Eastern Time. According to Bloomberg, Citadel Securities’ Frank Flight has reversed his bearish call on long bonds, indicating that the balance of risks is now tilted toward a rally due to crowded bearish positioning and improving inflation data. Global markets are mixed today. In overseas trading, the Nikkei is up 728 points. The Dow is down 101 points to 53,475. Oil is trading at $82 per barrel while gold is at $4,663 per ounce. Today's Daily Principle is INVESTING, specifically dealing with Reward. This principle is found in Genesis 15–1. The verse reads: "God's Covenant with Abram After this, Abram had a vision and heard the Lord say to him, “Do not be afraid, Abram. I will shield you from danger and give you a great reward.” Learn more at businessbible.com where Daily News meets Daily Principle.

