Insight - Feb. 2nd, 2021
Insight
•
03-Feb-2021
Is investing in the stock market gambling? Today on Insight, John and Josh Rosenstern address that question looking at the recent trading frenzy that involved the company GameStop and others. Brother Josh says investing in ownership in companies under normal circumstances is not gambling or sin, as many do with their 401k's. But the results were detrimental for some; as investor's coordinated purchasing the stock to artificially push the price up even though the company was not doing better. This “investing” was fueled by speculation and greed as GameStop went up 1600 percent. This cooperative manipulation, could cause the government to step in. Brother Josh says a created crisis often finds government being given a reason to step in. As Christians, we must be careful of everything we do. Brother John adds, if this results in government regulations on Wall Street, we will see it’s efficiency and opportunities lessen while depleting the ingenuity of economic solutions.
Up Next in Insight
-
Insight - January 10th, 2025
Today on Insight, Josh Rosenstern discusses the estimate of the fire damage in California. It is expected to be well into the billions, some 150-350-billion of destruction from the ever-spreading flames. The lack of water, and the need for more fire fighters, whose jobs have been cut over the y...
-
Insight - Feb. 19th, 2020
There are some 260-million Christians that have been persecuted around the world. On Insight, John and Josh Rosenstern look into Luke 21:8-11 where scripture confirms that we must take heed that we be not deceived, as nations will rise against nations and fearful sights and signs will indicate ...
-
Insight - Feb. 9th, 2023
Today on Insight, John and Josh Rosenstern ask for viewers to pray for the rising death toll in Turkey and Syria following a devastating earthquake there with survivors still being uncovered under the crumbled buildings. The current death toll is at 19-thousand. The Rosensterns address the ever...
