Sunday, March 03, 2002 (12:54:02)
September 15, 2001
Why the stock market should not reopen
Matthew 6:19-21
19 Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:
20 But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:
21 For where your treasure is, there will your heart be also.
Because of the tragedy on New York, the stock market closed on Tuesday, September 11, and remained closed the rest of the week. Since that time, people have continued to go to work, buy groceries, work in their yards and carry on a normal life. What would happen if we kept the stock market closed for good? Note: Historically, we know the stock market reopened and fell. For three years, the tech stocks (NASDAQ) have remained low even though the NYSE has risen to where it was before the September 11 terrorist attacks. Companies have layed off thousands of workers and sent those jobs to China, Mexico and India, where labor is cheaper. People are blaming the President for the poor economy, forgetting all about what started the mass sell-off of stocks which sparked corporate restructuring.
- Topic: Sermons
- Category: Daily Walk
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