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Doug Wakefield

President, Best Minds Inc

Doug has been in the financial industry for 29 years. The focus since 2005 has been on providing investment research and weekly commentary on world markets as well as specific recommendations on third party trading managers. Doug writes the monthly research newsletter, The Investor's Mind.

Note: Broad based financial planning is not a service of Best Minds Inc. Any information shared on today's program is opinion and should not be taken as financial advice.

We receive hundreds of emails and calls every month from listeners asking about certain topics that we might not have covered on air.  This morning we share and discuss as many as we can in our “Great Question” segment.

In the first segment we check in with Doug Wakefield of Best Minds, Inc. to discuss the tension between the U.S., Russia, China and North Korea and how it might affect markets and the world economy.

Do the stock markets of the world in any way reflect the greater number of people who compromise national economies? Never in history have central banks experimented with printing money to buy up assets across the world so banks will create more stocks and bonds while the U.S. is trillions in debt.

 

SEGMENT ONE

And He told them a parable, saying, “The land of a rich man was very productive. 17 And he began reasoning to himself, saying, ‘What shall I do, since I have no place to store my crops?’ 18 Then he said, ‘This is what I will do: I will tear down my barns and build larger ones, and there I will store all my grain and my goods. 19 And I will say to my soul, “Soul, you have many goods laid up for many years to come; take your ease, eat, drink and be merry.”’ 20 But God said to him, ‘You fool! This very night your soul is required of you; and now who will own what you have prepared?’ 21 So is the man who stores up treasure for himself, and is not rich toward God.” Luke 12:16-21

 For you yourselves know full well that the day of the Lord will come just like a thief in the night. While they are saying, “Peace and safety!” then destruction will come upon them suddenly like labor pains upon a woman with child, and they will not escape. But you, brethren, are not in darkness, that the day would overtake you like a thief; for you are all sons of light and sons of day. We are not of night nor of darkness; so then let us not sleep as others do, but let us be alert and sober. 1 Thessalonians 5:2-6

SEGMENTS TWO & THREE

LISTENER QUESTIONS we discussed today

I have been a born-again believer for nearly 25 years.  My husband claims to be a Christian but exhibits little to no fruit; refuses to talk about God and the Bible with me; and refuses to go to marriage counseling with me.  I feel like we are just living in the same house instead of experiencing a real marriage.  I just don’t know what to do anymore… Anonymous

I hear a lot lately about many public schools teaching “mindfulness” courses.  I have a friend who claims this is dangerous and anti-biblical.  What do you know about this? Jalil

One topic I would love for your show to address is Christians in the workplace.  With growing intimidation and discrimination against Christians I think helping Christians understand how we can be Christ’s witnesses at work while still honoring our earthly employers would be very valuable.  Thanks for everything you do. Eric

On your show last Friday you told a listener who wrote in that he “couldn’t force his pastor” to teach biblical prophecy.  But you also said one-third of the Bible is prophecy.  So if he is teaching from the Word isn’t he de facto teaching prophecy? Micah

I really enjoy listening to Stand Up for the Truth! What I like best about your show is that you don’t sugarcoat your message to please the listeners. You tell us exactly what we need to hear, not what we want to hear.  I am a believer of Jesus Christ and have accepted Him as my Savior, but I haven’t read much of the Bible… Your show has reminded me how important it is and it’s my duty to pursue a relationship with Christ. Because of your show and your message, I’m going to seriously start a relationship with Jesus Christ. Scott

Regarding churches teaching biblical prophecy:  isn’t this a ‘chicken or egg’ thing?  By that I mean what if people don’t care about studying prophecy?  Should the pastor force it down their throats? Jenna

Mike: Love the show.  I have heard you say a couple times there is a difference between “facts” and “truth”.  And that facts represented as truth are often more dangerous than lies.  Could you explain this further? Armando

I agree that churches should teach biblical prophecy more…but in honesty I know some Christians that are so obsessed with prophecy that they neglect living the Christian life.  It is like they are so obsessed on Jesus’ return that they are useless in sharing the gospel and loving others.  Quite frankly I know they turn many people off. Jean

You briefly discussed something called “SoZo” a couple weeks back.  Would you please elaborate on what it is and why you think it is dangerous and misleading? Carole

A personal question:  Where do you get the time to check into your guests, read their books, and research everything you cover on Stand Up For the Truth.  Do you ever sleep? William

David and you do a great job of exposing the hypocrisy and deceit of secular media.  How about some of the stuff that labels itself as “Christian” on television—prosperity teaching, false manifestations, etc. Jesus warned us the most clever of deceptions would come from people who claim to be prophets and teachers. Also, who do you think “today’s Pharisees” are?  I sometimes get called a Pharisee when I even quote the Bible! James

You guys cover so much on your show and I am very thankful.  I have grown in Christ and been fed by your ministry.    My question and thoughts are about so-called “home churches.” Sometimes I feel like Christians are bullied into going to church—even though most churches do not do what the historical church in the Book of Acts did…  I wonder if the church in America has so lost its focus (most churches, not all) that it has lost relevance for sincere believers.  Allen

I have been married to my wonderful wife for almost 25 years, and I admit I have not been the leader God wants me to be for her.  I have now been convicted by God that I need to step up and become that leader, but I am concerned my wife will misunderstand my motives.  Admittedly I have been bossy and controlling of her in the past.  I want to do things right this time but am understandably concerned she will think I am trying to manipulate and control her. Anonymous

 

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