The Pour Over Today - Tim Walz, Stock Market Swings, International Unrest, & More | 08.07.24

Episode Date: August 7, 2024

Today, we’re talking about VP Harris picking Governor Tim Walz as her running mate; the stock market’s worst day in years; violent protests in Bangladesh and the UK; and other top news for Wednesday, August 7th. Stay informed while remaining focused on Christ with The Pour Over Today. Please support our TPO sponsors! CSB: links.thepourover.org/CSB_Podcast_0701 Cru: give.cru.org/tpo Compassion International: compassion.com/TPO Upside: https://links.thepourover.org/Upside Every Woman's Bible: everywomansbible.com Life Application Study Bible: https://links.thepourover.org/LASB_Podcast

Today, we're talking about VP Harris picking Governor Tim Walls as her running mate, the stock market's worst day in years, violent protests in Bangladesh and the UK, and other top news for Wednesday, August 7th. Stay informed while remaining focused on Christ with the pour-over today. Here's the quote of the day, prayer is as natural an expression of faith as breathing is of life. Jonathan Edwards. Let's get started with some espresso shots. VP and presidential hopeful Harris announced her VP pick yesterday,

Minnesota Governor Tim Walz. Walz, 60, is a two-term governor who previously served 12 years as a US representative. Prior to politics, he was a teacher and football coach, and is known for bringing free school meals, child tax credits, and paid family medical leave to Minnesota. As governor, he's faced criticism for responding too slowly to the protests following George Floyd's murder and his handling of the pandemic. Walls was a surprise pick. Most analysts expected Pennsylvania Governor Shapiro, a popular centrist Democrat from a key swing state.

Former President Trump sent an email to supporters following the announcement, calling Walls, dangerously liberal. Harris, who officially became the Democratic nominee Monday through virtual voting, announced her choice online, later introducing him at a Philadelphia rally. Whatever the outcome of 2024's election, the hope of Christians won't be shaken. Our truest home is God's kingdom, and He is our ultimate King. Live as exiles here, serving as Christ's winsome, peacemaking ambassadors, with your eyes fixed on your heavenly home.

2 Corinthians 5, 14, 19, and 20 says, For the love of Christ compels us. Since we have reached this conclusion that one died for all and therefore all died, he has committed the message of reconciliation to us. Therefore, we are ambassadors for Christ since God is making his appeal through us. US stocks saw their worst day in nearly two years on Monday. Major US stock market indexes, Dow Jones, S&P 500, and NASDAQ, all tumbled more than

2.5%, with tech stocks being hit particularly hard. So why all the drama? Some investors are worried the Fed is being too slow to cut interest rates and believe last week's report of rising unemployment is foreshadowing recession. Others are worried that tech stocks have been overvalued due to AI hype. The panic was heightened by Japanese stocks plummeting 12.4% on Monday, its largest daily drop since 1987, caused in part by concerns over the strengthening Japanese yen.

In typical stock market fashion, things looked very different just one day later. Yesterday, aka turnaround Tuesday, Japanese stocks recovered 10% and US stocks rebounded 1%. Too often we let eternally insignificant things like the ups and downs of the market control us. Seeking to steward money well is a good thing, but keep your focus on the giver rather than the gifts. 2 Corinthians 8 verse 9 says, For you know the grace of our Lord Jesus Christ. Though he was rich, for your sake he became poor, so that by his poverty you might become rich. Riots are rocking Bangladesh and the UK. Last month in Bangladesh, students began peacefully protesting the country's practice of reserving about 56% of government jobs for certain people groups,

families of some veterans, ethnic minorities, disabled and transgender people. The so-called Gen Z revolution prompted Bangladesh's Supreme Court to drop the quota percentage to 7%, The government protests ensued, prompting Prime Minister Haseena to resign and flee to India on Monday. Meanwhile, in the UK, a week of widespread violent disorder has followed the knife attack that killed three girls. Misinformation online incorrectly claimed the perpetrator was a Muslim asylum seeker, protests, counter protests, and over 400 arrests. It's easy to become angry and indignant over world events, but much more difficult to live with a tension of desiring change while simultaneously loving everyone involved.

Followers of Christ are called to live in that tension, loving the very people they work against. Luke 6 verse 32 says, if you love those who love you, what credit is that to you? Even sinners love those who love them. Hi, it's Kathleen, Head of Content here at The Poor Over. I love it when sermons walk me very, very slowly through a passage of God's Word. I love it when sermons walk me very, very slowly through a passage of God's word. I love seeing a breakdown of words, contexts, and themes with relevant prompts for deeper thought. With the Life Application Study Bible, I can get that sort of depth of study right

at home. It takes me beyond knowing the Bible to living it out. For readers from 9 to 90 and beyond, the Life Application Study Bible is designed to help you find true heart transformation. Explore the best-selling study Bible in the world. Visit the link in our show notes to get your own Life Application Study Bible today. In other brews, here's a rapid round of updates. Do not pass go, Google. In a landmark decision, a federal judge ruled Google has illegally maintained a monopoly, citing the tech giant's arrangements to be the default search engine on nearly every phone and computer.

Google, which may eventually be forced to sell part of its business, plans to appeal, saying it achieved dominance by offering the best search engine. Hurricane Debbie has been quite the downer. The slow-moving storm made landfall as a category one, dumping a month's worth of rain on Florida and forcing treacherous evacuations. At least five people have died. Debbie has weakened to a tropical storm, but is expected to drop 30 inches of rain on coastal South Carolina and Georgia this week.

Five U.S. troops were wounded in a suspected rocket attack on a base in Iraq Monday. The attack, which Pentagon leaders called a dangerous escalation, may be related to Iran's promise to avenge the top Hamas leader killed in Tehran last Wednesday. Israel hasn't taken responsibility for the assassination, but is bracing for Iran's retaliation. Simone Biles bid adieu to Paris with silver on floor, with teammate Jordan Childs landing a dramatic bronze. Cole Hocker ran to 1,500-meter gold and an Olympic record. The US WNT is headed to the gold medal match, and LeBron and company are final four bound. Meanwhile, 9,751 miles away in French Polynesia's Tahiti, American Caroline Marks surfed to

gold. Deadpool and Wolverine are continuing their run as Superest Antihero and Top Dog at the box office. The latest star-studded release from Marvel is leading the pack as the highest-grossing domestic R-rated film of all time. Deadpool and Wolverine enjoyed the second biggest opening so far this year, topped only by the beloved cast of Emotions in Disney Pixar's Inside Out 2. And that's all we have for today. Thanks so much

for listening. If you're listening on the Apple Podcasts app, give us a five-star rating and drop a review. If you're listening on Spotify, give us a follow and hit the notification bell to never miss a new episode. We appreciate your support and hope you have a great day. We'll see you on Friday. Hey, it's Kathleen, Head of Content at The Poor Over. I wanted to share our marketing plan for The Poor Over today with you. Okay, it is you. Yep. You listening right now, you're who we want to inspire to grow

this podcast. So if you want to see more Christians have healthy relationships with the news in this super mild, nothing crazy happening at all election year, would you share the pour over today with your friends, family, small group, next door neighbors, people in the checkout line at the grocery store, whoever? It would mean a lot to us. Thanks for being a listener.