Podcasts about Dispersion

In this episode, Alan Dunne and Cem Karsan explore a market that appears calm on the surface yet increasingly unstable underneath. As indices move sideways, they discuss how options flows and structured products are reshaping market behavior, driving rotation rather than direction. From the weakening of former leaders to the rise of defensives, the conversation turns to what these shifts may signal about a broader topping process. They also examine the growing influence of AI narratives, political incentives, and global tensions, not as isolated shocks but as forces building pressure within the system. The result is a discussion about how markets evolve when structure, policy, and sentiment begin to move out of sync.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Alan on Twitter.Follow Cem on X.Episode TimeStamps:00:00 Intro to the Systematic Investor Series00:23 Performance check: CTAs strong, trend tailwinds03:13 Range-bound indices, but big dispersion and rotation03:45 Why options pin the index: dealer flows and vol compression05:42 Dispersion mechanics: idiosyncratic risk, falling correlation07:32 Rotation as a topping process: leaders fade, defensives rise09:54 OPEX and quarterly expiries: why timing windows matter11:56 The March support effect, then weaker flows into April17:02 AI narrative shock: anxiety, backlash, and policy consequences22:32 Populism versus deflation stories: why inflation returns32:43 Gold outlook: secular bull, but expect two-sided volatility45:45 Rates as “tectonic plates”: vol compressed now, release later50:23 Midterms, incentives, and the fight for control57:42 Liquidity loop: markets stop rising, collateral stops expandingCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I'm really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer

Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why he still believes in a growth cycle for equity markets, even as investors show growing concerns around AI.Mike Wilson: Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast, I'll be discussing recent concerns around AI disruption. It's Tuesday, February 24th at 1pm in New York. So, let's get after it. Last week you could feel it, that anxious undercurrent in the market. The headlines were noisy, volatility ticked higher, and AI disruption, once again, dominated investor conversations. But beneath the surface level unease something important happened. The S&P 500 Equal Weight Index pushed to a new relative high, keeping our broadening thesis alive and well. On one hand, investors are worried about AI driven disruption, CapEx intensity, and potential labor force reductions. On the other hand, capital is still flowing into formerly lagging areas of the market, just as the median stock is seeing its strongest earnings growth in four years. Let's unpack this. First, there's concern AI will lead to job losses. But even if that's the case, there's typically a phase-in period. Companies don't just eliminate labor overnight. Importantly, before these productivity gains are fully realized, we need broad enterprise adoption. That means building out the agentic application layer, integrating AI into workflows, retraining systems and processes. That takes time, and it is still early days in that regard. Second, what we're seeing now is typical of a major investment cycle. Volatility increases as markets challenge the pace of unbridled spending. Dispersion increases as investors debate winners and losers. Leadership rotates, sometimes sharply. There's also something different this time compared to the internet bubble of the late 1990s. Today we're in an early cycle earnings backdrop. We've just emerged from what was effectively a rolling recession between 2022 and 2025. So, as capital rotates out of the perceived structural losers, it's not just chasing long-term AI beneficiaries, it's also finding classic cyclical winners. On the losing side is long duration services-oriented sectors, particularly software. These areas are more sensitive to uncertainty around longer term cash flows. This area also has a large overhang of private capital deployed over the last 10 to 15 years. There are other forces at play too. Small cap growth, arguably the longest duration segment of the market, began breaking down in late January around the time Kevin Warsh was nominated as Fed chair. While major indices barely reacted, more speculative areas may be responding to expectations of tighter liquidity given Warsh's, reputation as a balance sheet hawk. Finally, equity markets are typically more volatile when new Fed chairs assume office. Bottom line, our broader thesis of an early cycle rolling recovery remains intact. Market internals are supportive even if index level action feels choppy. That said, near term volatility is likely to persist as we enter a weaker seasonal window for retail demand, while liquidity remains ample, but far from abundant. With this backdrop, a quality cyclical barbell with healthcare makes sense. In small caps, the higher quality S&P 600 looks more attractive than the Russell 2000. And any short-term volatility could present opportunities to add exposure in preferred cyclical areas like Consumer Discretionary Goods, Industrials, and Financials. Of course, risks remain. AI adoption could accelerate faster than expected, pressuring labor markets more abruptly. Pricing power could erode as efficiency spread, and policy makers could react in ways that slow the CapEx cycle while crowded momentum positioning remains vulnerable. Nevertheless, the signal from the internals is clear. Beneath the volatility this looks less like a market rolling over, and more like one that is confirming an early cycle economic expansion. Thanks for tuning in. I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out.

AI isn't just about Nvidia anymore — it's quietly rewiring the entire industrial economy, and most investors don't even realize where the real money will be made.In this episode of Raise Your Average, hosts Pierre Daillie and Mike Philbrick sit down with Ivana Delevska, Founder and CIO of Spear Advisors, to unpack how AI is splitting the market — creating massive dispersion between winners and losers — and why passive index exposure may no longer be enough.While most investors believe they're diversified through Nasdaq or S&P 500 index funds, Delevska explains that passive exposure is heavily concentrated in mega-cap hyperscalers. The real opportunity, she argues, lies deeper in the AI value chain — in networking, optical components, semiconductor capital equipment, electrification, cybersecurity infrastructure, and even space.This conversation goes beyond the hype cycle. Delevska outlines why AI CapEx — projected to reach $600B this year — is fundamentally different from past tech cycles. The sheer dollar magnitude is forcing multi-year infrastructure buildouts, creating 10-year visibility rather than the traditional 3–5 year tech cycle. Yet while hardware beneficiaries remain durable, SaaS and application-layer companies face real disruption risk as AI-native competitors rapidly reshape the software landscape.For investors, this isn't about abandoning mega-cap tech — it's about understanding dispersion. In an AI-driven world, alpha will increasingly come from identifying where capital is flowing, how physical constraints shape adoption, and which companies sit at the most critical points in the industrial tech stack.

This week, we break down evidence of a quiet Main Street re-acceleration, exploding market dispersion, AI-driven shifts in correlations, why passive strategies are being disrupted, and where capital is rotating across real assets, rates, and global markets. Enjoy! — FollowTyler: https://x.com/Tyler_Neville_ Follow Quinn: https://x.com/qthomp Follow Felix: https://twitter.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTEx Join us at Digital Asset Summit 2026 in NYC March 24-26th! Use code FORWARD200 for $200 OFF! https://blockworks.co/event/digital-asset-summit-nyc-2026 __ Weekly Roundup Charts: https://drive.google.com/file/d/19aYbTDngy8hRXMYUNNxZId3oM8AsfBjv/view?usp=sharing — Grayscale offers more than 30 different crypto investment products. Explore the full suite at grayscale.com. Invest in your share of the future. Investing involves risk and possible loss of principal. https://www.grayscale.com/?utm_source=blockworks&utm_medium=paid-other&utm_campaign=brand&utm_id=&utm_term=&utm_content=audio-forwardguidance Coinbase crypto-backed loans, powered by Morpho, enable you to take out loans at competitive rates using crypto as collateral. Rates are typically 4% to 8%. Borrow up to $5M using BTC as collateral and up to $1M using ETH as collateral. Manage crypto-backed loans directly in the Coinbase app with ease. Learn more here: https://www.coinbase.com/onchain/borrow/get-started?utm_campaign=0126_defi-borrow_blockworks_FG&marketId=0x9103c3b4e834476c9a62ea009ba2c884ee42e94e6e314a26f04d312434191836&utm_source=FG — Timestamps: 00:00 Intro 05:28 Main Street Re-Accelerating? 12:23 Ads (Grayscale) 13:04 AI CapEx Is Breaking Correlations (RIP Passive?) 19:55 Exploding Dispersion & Capital Rotation Plays 23:32 Retail vs Hedge Funds: Who's Crowded? 32:08 Ads (Grayscale, Coinbase) 33:43 Crowded Trades & Atoms vs Bits 39:50 AI Bottlenecks & Real Asset Rotation 50:02 Bitcoin, Crypto & Risk Appetite Check — Disclaimer: Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed. #macro #investing #markets #stocks #stockmarket

In this episode of Money & Meaning, host Jeff Bernier talks with Tommy Newberry—executive coach, Wall Street Journal and New York Times best-selling author, and founder of The 1% Club and head coach of Tommy Newberry Coaching. Together, they explore what it means to live with clarity, purpose, and intentionality, especially in the second half of life. Tommy shares the core habits behind lasting success, the risks of distraction and drift, and how gratitude and reflection help fuel a meaningful life. This conversation offers a framework for those planning their next chapter with energy and direction.  Topics covered:  Tommy's early career journey and founding Newberry Consulting ● The importance of doing work that energizes you ● Finding clarity on what you want versus what you don't want  ● The key habits behind long-term success  ● The Four D's that derail progress: Distraction, Dispersion, Drift, and Delay  ● Living with your priorities in order, not necessarily "balance"  ● Developing habits and rhythms that support your goals  ● How gratitude shapes mindset and impacts daily awareness  ● The role of reflection in staying aligned with your vision  ● Encouragement for midlife professionals in Act II of life  ● Why retirement isn't the goal—building and solving remain vital  ● Helping young adults create intention in their 20s    Useful Links:    Jeff Bernier on LinkedIn: https://www.linkedin.com/in/jeffberniercfp/  TandemGrowth Financial Advisors: https://www.tandemgrowth.com/  Tommy Newberry: https://www.linkedin.com/in/tommynewberry/  The 1% Club: https://www.achievingoptimal.online/1pc-home    Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠)

Oui, trois semaines, une éternité dans ce marché qui a la mémoire d'un poisson rouge sous stéroïdes ! Aujourd'hui, je décortique l'absurdité ambiante : Le naufrage des Géants : Apple massacré à la tronçonneuse (-5%), Amazon et Microsoft en Bear Market... Le vernis des "Magnificent Seven" craque enfin.

Bob O'Leary (Co-CEO and Portfolio Manager, Global Opportunities) and Armen Panossian (Co-CEO and Head of Performing Credit) shared their assessment of market dispersion in a recent webcast held for Oaktree clients. They discussed the state of the private and liquid credit markets and the ways to navigate an environment characterized by increasing bifurcation into winners and losers. Listen to an excerpt from the conversation in the latest episode of The Insight: Conversations.

Our Election in Christ (4) (audio) David Eells, 1/28/26 We've covered our election in Christ previously pretty well. Today, I'm going to cover more about being predestined in Christ and its connection to Election. (Eph.1:4) Even as he chose (The Greek word here again is eklectos, “elect.”) us in him before the foundation of the world, that we should be holy and without blemish before him in love: (5) having foreordained (or “predestined”) us unto adoption as sons through Jesus Christ unto himself, according to the good pleasure of his will. Those who are elect are predestined to come into the adoption of sons, which is the same thing we just read. (Rom.8:16) The Spirit himself beareth witness with our spirit, that we are children of God: (17) and if children, then heirs; heirs of God, and joint-heirs with Christ; if so be that we suffer with [him], that we may be also glorified with [him]. Notice that those who suffer the death of their self-life, will manifest their election. What does Paul mean when he says, “Having foreordained us unto adoption as sons”? The answer is found a few verses further down. (Rom.8:23) And not only so, but ourselves also, who have the first-fruits of the Spirit, even we ourselves groan within ourselves, waiting for [our] adoption, [to wit,] the redemption of our body. Those who receive the first-fruits of the Spirit are on their way to the adoption of sons, which is when you receive your redeemed body. Notice that a child must receive the Holy Spirit to manifest sonship.  (25) But if we hope for that which we see not, [then] do we with patience wait for it. The manifestation of our sonship begins when we receive our born-again spirit and then are obedient to receive the Holy Spirit, which enables us to “walk as He walked”. Peter said that your soul is born again through your obedience to the truth. (1Pe.1:22) Seeing ye have purified your souls in your obedience to the truth unto unfeigned love of the brethren, love one another from the heart fervently: (23) having been begotten again (or “born again”), not of corruptible seed, but of incorruptible, through the word of God, which liveth and abideth. The soul is where we manifest the fruit of Christ 30-, 60- and 100-fold. Those who have a born-again soul will be given a redeemed body. A born-again soul is the “fruit” that the Bible talks about. It's the fruit of Christ in you. It's the nature of Christ. Your soul is your mind, will and emotions; in other words, it is your nature and your character. While we are still in this body, we can manifest our sonship in spirit and in soul. Full adoption comes when we receive our redeemed body. The elect were chosen in Christ before the foundation of the world (Ephesians 1:4; Revelation 13:8; 17:8) and they will manifest Christ 30-, 60- and 100-fold, according to what Jesus said (Matthew 13:23; Mark 4:20). They will manifest Christ-likeness. I want to talk about what it is to be “foreknown” and who it is whom Christ knows, because there are Christians, using the term loosely, whom Christ doesn't know, and there are Christians whom He does know. You say, “David, that sounds crazy!” No, from out of all the called among the Christians, there are those whom Christ knows and those whom He doesn't know. I'm going to prove this to you. (2Ti.2:19) Howbeit the firm foundation of God standeth, having this seal, The Lord knoweth them that are his (From the foundation of the world, they've been His because from the foundation of the world He has foreknown them.): and, Let every one that nameth the name of the Lord depart from unrighteousness. This is what proves who are God's people. The people who depart from willful sin are the ones who are His. If you depart from unrighteousness, you will be manifestly His. (20) Now in a great house there are not only vessels of gold and of silver, but also of wood and of earth; and some unto honor, and some unto dishonor. (21) If a man therefore purge himself from these, he shall be a vessel unto honor, sanctified.... Who is sanctified? The elect, who are the ones whom God foreknew, will be sanctified. We read this earlier in Peter. (1Pe.1:1) Peter, an apostle of Jesus Christ, to the elect who are sojourners of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, (2) according to the foreknowledge of God the Father, in sanctification of the Spirit, unto obedience and sprinkling of the blood of Jesus Christ: Grace to you and peace be multiplied. The Lord knows right now those who are His. (2Ti.2:21) If a man therefore purge himself from these, he shall be a vessel unto honor, sanctified, meet for the master's use, prepared unto every good work. (22) But flee youthful lusts and follow after righteousness, faith, love, peace, with them that call on the Lord out of a pure heart. The Lord knows right now those who are sanctified. Is every Christian His? Well, does God know every Christian? We've seen that those whom He foreknew, He's going to know at the end, but does He know every Christian among the called now? What is it that makes God know you? (1Co.8:3) But if any man loveth God, the same is known by him. God knows those who love Him. Notice, (Rom.8:28) And we know that to them that love God all things work together for good, [even] to them that are called according to [his] purpose. That's not everybody. (29) For whom he foreknew, he also foreordained [to be] conformed to the image of his Son, that he might be the firstborn among many brethren. The ones whom God foreknew are the ones who love Him. What distinguishes between the Christian who loves God and the Christian who doesn't love God? Jesus said, (Joh.14:21) He that hath my commandments, and keepeth them, he it is that loveth me: and he that loveth me shall be loved of my Father, and I will love him, and will manifest myself unto him. These people are Christians because they have a born-again spirit. All of the called have a born-again spirit, but not all of the called will bear fruit. The called who will bear fruit and be manifested as the elect are the ones who love God. They are going to obey God. They are going to give up their life to have His. They are going to pay the price and the Lord says He knows them. (Jer.1:5) Before I formed thee in the belly I knew thee, and before thou camest forth out of the womb I sanctified thee; I have appointed thee a prophet unto the nations. God knew us by faith before He even formed us in the womb. Amen! Another example, which is one that's constantly misused by the “once saved, always saved” crowd, is this verse: (Joh.10:27) My sheep hear my voice, and I know them, and they follow me (That's not everybody out there who ever professed the name of Christ. It's only those who professed the name of Christ and departed from unrighteousness.): (28) and I give unto them eternal life; and they shall never perish, and no one shall snatch them out of my hand. That's true; they will never perish. They will receive eternal life. Nobody will ever pluck them out of the Father's hand because they love God and so they will obey God. I didn't say they all overcome immediately, but they do obey God and they overcome. Notice, Jesus says, “I know them.” Doesn't He know everybody? Of course, God knows everybody in this world. God knows their names, and He knows everything about them, but that's not the kind of “know” He's talking about here. This word “know” is the Greek ginosko and it means the kind of personal relationship Adam had with Eve, in that Adam sowed his seed in her and she brought forth fruit. That's the kind of “know” that the Scriptures are talking about. Let me further prove to you that not every Christian, as we use the term loosely, is known by God or has ever been known by God. Jesus said, (Joh.15:2) Every branch in me that beareth not fruit, he taketh it away (This is speaking of the Father taking it away.): and every [branch] that beareth fruit, he cleanseth it, that it may bear more fruit. And now look at this verse: (Mat.7:19) Every tree that bringeth not forth good fruit is hewn down, and cast into the fire. Jesus said, “Every branch in me,” so He's talking about people who are Christians, although we use the term “Christian” very loosely nowadays. (20) Therefore by their fruits ye shall know them. (21) Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven (These people are calling Him “Lord.” Who else but Christians would have the nerve to do that?); but he that doeth the will of my Father who is in heaven. (22) Many will say (What “many” is this? This is the “many” who are calling Him “Lord, Lord.”) to me in that day, Lord, Lord, did we not prophesy by thy name, and by thy name cast out demons, and by thy name do many mighty works? These are Christians who are doing the “many mighty works,” unless you believe that today Satan casts out Satan, but Jesus tells us Satan doesn't cast out Satan: (Mat.12:25) And knowing their thoughts he said unto them, Every kingdom divided against itself is brought to desolation; and every city or house divided against itself shall not stand: (26) and if Satan casteth out Satan, he is divided against himself; how then shall his kingdom stand? So these people were casting out Satan and they were doing mighty works by the power of the Holy Spirit, yet in their own lives, they were not being obedient to the will of the Father. (Mat.7:23) And then will I profess unto them, I never knew you: depart from me, ye that work iniquity. What does He mean by “I never knew you”? He means, “I didn't know you from the beginning. I never knew you from before the foundation of the world and you were not written in the Book.” Yes, they were Christians, but they were not found written in the Book at the end because they were not foreknown. They were physically written in the Book when they were born again, but they were erased out of the Book before the end. In the beginning, the ones whom God foreknew were written in the Book by His faith. They are going to overcome. They are going to bear fruit, and they are still going to be there at the end. Others are going to be written in who will not overcome. They will not bear fruit and they will be erased, so even though they were called, they will not be chosen. (Rev 3:5) He that overcometh shall thus be arrayed in white garments; and I will in no wise blot his name out of the book of life, and I will confess his name before my Father, and before his angels. (Mat.7:24) Every one therefore that heareth these words of mine, and doeth them, shall be likened unto a wise man, who built his house upon the rock: (25) and the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell not: for it was founded upon the rock. (26) And every one that heareth these words of mine, and doeth them not, shall be likened unto a foolish man, who built his house upon the sand: (27) and the rain descended, and the floods came, and the winds blew, and smote upon that house; and it fell: and great was the fall thereof. Notice, Jesus is only talking about two groups of Christians here. He's talking about those who “heareth these words of mine, and doeth them,” and He's talking about those who “heareth these words of mine, and doeth them not.” These can only loosely be Christians. He's not talking about the lost world. Jesus is talking about Christians who, in their own life, are not being obedient to God. They are not loving God, which is not being obedient, therefore He says, “I never knew you.” His seed was not in them. Let me show you more proof of this in the parable of the 10 virgins: (Mat.25:1) Then shall the kingdom of heaven be likened unto ten virgins, who took their lamps, and went forth to meet the bridegroom. (2) And five of them were foolish, and five were wise. Obviously, they had to be Christians or they would not have started out with the “oil” of the Holy Spirit in their lamps. (Pro.20:27) The spirit of man is the lamp of the Lord, Searching all his innermost parts. The oil the virgins had in their lamps symbolized the Holy Spirit, which gave them light. (Mat.25:3) For the foolish, when they took their lamps, took no oil with them: (4) but the wise took oil in their vessels with their lamps. (Obviously some are filled with the Spirit) (5) Now while the bridegroom tarried, they all slumbered and slept. (6) But at midnight there is a cry, Behold, the bridegroom! Come ye forth to meet him. (7) Then all those virgins arose, and trimmed their lamps. (8) And the foolish said unto the wise, Give us of your oil; for our lamps are going out. (9) But the wise answered, saying, Peradventure there will not be enough for us and you: go ye rather to them that sell, and buy for yourselves. (10) And while they went away to buy, the bridegroom came; and they that were ready went in with him to the marriage feast: and the door was shut. The five foolish virgins should have been “buying” the oil of the Holy Spirit all along. How do you “buy” the oil of the Holy Spirit? You “buy” it when you give up your life to gain your higher life (Matthew 10:38-39; 16:25; Mark 8:35; Luke 9:24; John 12:25). You do have to buy it. You can be filled with you or you can be filled with Him. We do have to give something for His life. Jesus said we have to give up our life, and they were not doing this. (Mat.25:11) Afterward came also the other virgins, saying, Lord, Lord, open to us. (12) But he answered and said, Verily I say unto you, I know you not. (13) Watch therefore, for ye know not the day nor the hour. The 10 virgins were all Christians, but the five foolish virgins were not filled with the Spirit of God and they were not being disciples of Christ in their own lives. Jesus said to them, “I know you not.” This is the second witness. Can you have been born again? Yes, you can be born again in spirit. Some people like to think that they are just a shoo-in for the Kingdom because they are born again in spirit and even have the Holy Spirit. However, remember what the Bible says about the children of God: (Rom.8:17) … If so be that we suffer with [him,] that we may be also glorified with [him]. Only the ones who suffer with Him will be the glorified sons of God. We have to suffer the crucifixion of the old life; that's why we were put here. These are the ones who are going to be glorified. (29) For whom he foreknew, he also foreordained [to be] conformed to the image of his Son, that he might be the firstborn among many brethren: (30) and whom he foreordained, them he also called: and whom he called, them he also justified: and whom he justified, them he also glorified. These are the ones who were foreknown to be conformed to the image of His Son and be glorified. Jesus said in (Luk.13:24) Strive to enter in by the narrow door: for many, I say unto you, shall seek to enter in, and shall not be able. The five foolish virgins wanted to go through the door, too, but found that it was shut to them. (25) When once the master of the house is risen up, and hath shut to the door (indicating we have a limited time to bear fruit), and ye begin to stand without, and to knock at the door, saying, Lord, open to us; and he shall answer and say to you, I know you not whence ye are; (26) then shall ye begin to say, We did eat and drink in thy presence, and thou didst teach in our streets; (27) and he shall say, I tell you, I know not whence ye are; depart from me, all ye workers of iniquity. Again, He's talking to disobedient Christians here. The people in this verse are just like the foolish virgins who didn't bear any fruit to be able to enter through the door. Jesus will say of them, “I know you not whence ye are.” The Amplified Bible says, “I know not of what family, or of what parentage, you are from.” You see, it's only by bearing fruit that we can prove God is our Father. Maturity is coming to know God the way He knows us. (1Co.13:9) For we know in part, and we prophesy in part; (10) but when that which is perfect is come, that which is in part shall be done away. (11) When I was a child, I spake as a child, I felt as a child, I thought as a child: now that I am become a man, I have put away childish things. Paul is talking about maturity, about growing up and bearing fruit in God, and he's using a little parable here to show us how to do that. (12) For now we see in a mirror, darkly (Some versions have “dimly,” or “indistinctly,” or “obscurely.”); but then face to face (The more you grow in God, the more you truly know Him clearly.): now I know in part; but then shall I know fully even as also I was fully known. God fully knew the elect; He fully knew those who would come to maturity. God is speaking about one specific group of people here: He's speaking about those who come to see Him face-to-face. Paul says that these people will come to fully know God in the same way God knew them. (13) But now abideth faith, hope, love, these three; and the greatest of these is love. God knows those who love Him. We are coming to know Him because He first knew us. Those who love God will seek the truth; they will humble themselves to the truth, and they will be obedient by His grace through their faith. An example can be found in the life of Moses: (Exo.33:12) And Moses said unto the Lord, See, thou sayest unto me, Bring up this people: and thou hast not let me know whom thou wilt send with me. Yet thou hast said, I know thee by name (What is this talking about? Of course, God knows everyone's name.), and thou hast also found favor (The Hebrew word there is chen and it means “grace.”) in my sight. (13) Now therefore, I pray thee, if I have found favor in thy sight, show me now thy ways, that I may know thee, to the end that I may find favor in thy sight: and consider that this nation is thy people. (14) And he said, My presence shall go [with thee], and I will give thee rest. Moses is saying, “You know me by name, and You say that I have Your grace, so now let me know You.” That's the same situation with God and His elect. He has always known them by name since the foundation of the world and they have His grace. Now they are coming to know the one who has always known them. They are coming to know Him fully, even as they also were fully known. (Exo.33:17) And the Lord said unto Moses, I will do this thing also that thou hast spoken; for thou hast found favor in my sight, and I know thee by name. There it is again. Knowing us by name means knowing us by His nature and character in us. (18) And he said, Show me, I pray thee, thy glory. We've seen that the ones who were foreknown before the foundation of the world are those who will be glorified (Romans 8:29,30). (19) And he said, I will make all my goodness pass before thee, and will proclaim the name of the Lord before thee (God knew Moses by name and now Moses is going to know God by name. The Hebrew word for “name” is shem and it means “nature and character.”); and I will be gracious to whom I will be gracious, and will show mercy on whom I will show mercy. God is talking about predestination and election here and we recognize this from Romans, where God talks about Jacob and Esau: (Rom.9:10) And not only so; but Rebecca also having conceived by one, [even] by our father Isaac-- (11) for [the children] being not yet born, neither having done anything good or bad, that the purpose of God according to election might stand, not of works, but of him that calleth, (12) it was said unto her, The elder shall serve the younger. (13) Even as it is written, Jacob I loved, but Esau I hated. Before they had done anything, Jacob belonged to God; Jacob was God's before he was born. That makes it obvious that “God so loved the world” means He's only loving worldly Jacob, or Israel, because these are the people who have been given the gift of faith to come to Him and believe on Him. So God had mercy on Jacob, but He gave justice to Esau. (Psa.33:12) Blessed is the nation whose God is the Lord, The people whom he hath chosen for his own inheritance. (13) The Lord looketh from heaven; He beholdeth all the sons of men; (14) From the place of his habitation he looketh forth Upon all the inhabitants of the earth, (15) He that fashioneth the hearts of them all, That considereth all their works. It's God who fashions the hearts of all people. (Ecc.3:11) He hath made everything beautiful in its time: also he hath set eternity in their heart, yet so that man cannot find out the work that God hath done from the beginning even to the end. Man cannot find the way of God unless He draws them. Yes, everything is beautiful in its time. Everything that God has made has a good purpose and that includes the evil. Isa 45:7 I form the light, and create darkness; I make peace, and create evil. I am Jehovah, that doeth all these things. The evil gives man a choice and also a crucifier of his flesh. Now, let me ask you a question here. If God predestined some to life from the beginning of creation, what is He doing with everybody else? Remember we read, (Rom.9:21) Or hath not the potter a right over the clay, from the same lump to make one part a vessel unto honor, and another unto dishonor? Of course, God does this, but why? (22) What if God, willing to show his wrath, and to make his power known, endured with much longsuffering (God has done this. In order to show His power, He has endured suffering from.) vessels of wrath fitted unto destruction (Or, in other words, “made to be destroyed,” and here's the reason.): (23) that he might make known the riches of his glory upon vessels of mercy, which he afore prepared unto glory. I don't know about you, but when I look out at the lost multitudes in the world, it makes me appreciate grace and mercy given to the few. How can you know grace and mercy, except you look out over the world and see all of the people who don't have grace and mercy? That should make you feel blessed: “There but for the grace of God, go I.” The multitudes, the masses who are going down the broad road (Matthew 7:13), should make you appreciate the grace and the mercy of God, who said, (Rom.9:15) … I will have mercy on whom I have mercy, and I will have compassion on whom I have compassion. Well, God had mercy upon us and we can appreciate His compassion when we look at the lost multitudes. God actually does do this. (1Pe.2:8) … A stone of stumbling (This is speaking of Christ.), and a rock of offence; for they stumble at the word, being disobedient: whereunto also they were appointed. The Scripture says these people were “appointed,” or “designated,” or “preordained,” to stumble at the Word and be disobedient. (9) But ye are an elect race, a royal priesthood, a holy nation, a people for [God's] own possession, that ye may show forth the excellencies of him who called you out of darkness into his marvelous light. You were chosen to be obedient to the Word. You were chosen not to stumble at the Rock of Christ. (2Pe.2:12) But these, as creatures without reason, born mere animals to be taken and destroyed (They were born animals to be destroyed.), railing in matters whereof they are ignorant, shall in their destroying surely be destroyed. These are vessels who have been raised up to put us on our cross and also to show us God's mercy and grace. You ask, “How so, David?” When you go out there and tell them about Christ and they totally can't and wont understand, they show that what God has done for us is mercy and grace. God gave you a revelation and opened your understanding. Why would God do this for you and not for them? He did it for you only because of predestination and election. There are some objections to election and predestination even though it is clearly in the Word. The one I hear the most from people is that God loves the world but we see that it is a people in the world who believe. (Joh.3:16) For God so loved the world, that he gave his only begotten Son, that whosoever believeth on him should not perish, but have eternal life. Of course, when people read this verse, they think it means that God loves the whole world. As we've seen from the Scriptures, the Bible doesn't teach that God loves the whole world and even in this verse it doesn't say that because there is a condition given for God's love. That is, “whosoever believeth on him” and that limits God's love to a very few. The majority are not going to believe on the Son, since the only way to have any hope of believing on the Son is to receive the gift of faith from God. (Eph.2:8) For by grace have ye been saved through faith; and that not of yourselves, [it is] the gift of God; (9) not of works, that no man should glory. You see, faith is a gift from God; believing on the Son is a gift from God. The people in the world who do believe on the Son are the ones to whom God has given the gift to be drawn to the Son and have eternal life. (Joh.15:19) If ye were of the world, the world would love its own: but because ye are not of the world, but I chose you out of the world, therefore the world hateth you. God did not choose the world; He chose us out of the world. In effect, that means God chose not to choose the rest of the world. And so when we read verses like John 3:16, we have the level of revelation that God permits because of our lack of understanding. I feel as if the Lord showed me that when we are carnal, it's easier for us to understand this as if God does love the whole world, and therefore not attribute foolishness to God. But as we grow in knowledge, the more we see the plan and wisdom of God, and the more we fear God. Jesus didn't claim everybody in the world and here's another good example of that: (Joh.10:16) And other sheep I have, which are not of this fold: them also I must bring (So they haven't come to Him yet.), and they shall hear (They haven't even heard of Him yet.) my voice: and they shall become one flock, one shepherd. He's talking about a multitude of people that includes us. We are included in this group. So at the time Jesus made this statement, some people didn't know Him, they hadn't heard of Him, and they hadn't even been born yet, but they have been His. God chose us in Christ before the foundation of the world; therefore, our election has nothing to do with time. (Eph.1:4) even as he chose us in him before the foundation of the world, that we should be holy and without blemish before him in love: (5) having foreordained (or predestined) us unto adoption as sons through Jesus Christ unto himself, according to the good pleasure of his will. We have belonged to Christ since the time God set His plan into action at the beginning. We were chosen in Him as our Savior at the very beginning. “Other sheep I have, which are not of this fold” and they are going to become one flock with one Shepherd. So when He says, “having loved his own,” He's only talking about those who come from God, those who belong to God. He's only talking about the wheat and the sheep. (Joh.15:19) If ye were of the world, the world would love its own: but because ye are not of the world, but I chose you out of the world, therefore the world hateth you. God did not choose the world; He chose us out of the world. In effect, that means God chose not to choose the rest of the world. The Bible says God hates all workers of iniquity: (Psa.5:5) The arrogant shall not stand in thy sight: Thou hatest all workers of iniquity. Jesus told us, (Joh.14:21) He that hath my commandments, and keepeth them, he it is that loveth me: and he that loveth me shall be loved of my Father, and I will love him, and will manifest myself unto him. So, again, we see the love of the Father is shown only to those who love Jesus. Another verse, where the wisdom of God is speaking, says the same thing: (Pro.8:17) I love them that love me; And those that seek me diligently shall find me. The Bible says three times in the New Testament that Jesus is the wisdom of God (Luke 11:49; 1 Corinthians 1:24,30). There is a condition to the manifestation of God's love. I say “manifestation” because God loved us before we were. God loved Jacob before he was born. God loved him even before he had done anything because it's not by works, it's by election. (Rom.5:8) But God commendeth his own love toward us, in that, while we were yet sinners, Christ died for us. God wanted to show us His love in that, while we were yet sinners, Christ died for us. God, who sees the end from the beginning (Isaiah 41:4), loved us for what He knew He was going to create in us from before the foundation of the world (Romans 8:28-30). God loved the end creation that He saw by faith. His love is manifested for those who walk according to His commandments because they love Christ “God commended His own love toward us....” Who is He talking to here? (Rom.1:7) To all that are in Rome (You might think that he's addressing everybody in Rome, but he goes on to qualify this.), beloved of God, called [to be] saints.... That's very, very conditional. He's talking to those who are beloved of God and called “saints.” (Rom.1:7) To all that are in Rome, beloved of God, called [to be] saints: Grace to you (The only people who receive grace are the people who are beloved of God, called “saints.”) and peace from God our Father and the Lord Jesus Christ. God didn't give grace to anyone else. The Lord promised salvation to those who were in Christ from the foundation of the world because Christ died for us. People always say, “Well, Christ died for the world.” No, the Bible says that Christ died “for whosoever will” (Mark 8:34; Revelation 22:17). God is the one who works in us to will and to do of His good pleasure (Ephesians 1:5,11; Philippians 2:13), and “whosoever will” is only those who have the gift from Father of being drawn to Christ. (Joh.6:44) No man can come to me, except the Father that sent me draw him: and I will raise him up in the last day. They're the ones who have the will. So, it is to “whosoever will” but, specifically, Christ died for us and for everyone in the world who is the called of God. They're the ones who are invited to partake of Christ. (Joh.14:22) Judas (not Iscariot) saith unto him, Lord, what is come to pass that thou wilt manifest thyself unto us, and not unto the world? Why would He want to manifest Himself to these and not to the world? It's because He's very particular; He's revealing Himself only to God's chosen. (23) Jesus answered and said unto him, If a man love me, he will keep my word: and my Father will love him, and we will come unto him, and make our abode with him. And in the next chapter it says in (15:10) If ye keep my commandments, ye shall abide in my love; even as I have kept my Father's commandments, and abide in his love. So the manifestation of God's love is for those who are obedient and who walk in Christ. And the manifestation of God's love by faith is for those who have not yet come to Christ, but will come to Him because Jesus said, (Joh.6:37) All that which the Father giveth me shall come unto me; and him that cometh to me I will in no wise cast out. God loves them, not for what they are now, but for what they will be when they do come to Christ and walk in obedience to Him. Now I want you to look at this next verse again because people like to claim it for just anybody who says they're a Christian. (Rom.8:28) And we know that to them that love God all things work together for good, [even] to them that are called according to [his] purpose. But people don't go on to consider the next verse. (29) For whom he foreknew, he also foreordained [to be] conformed to the image of his Son, that he might be the firstborn among many brethren. The promise is to work “all things together for good,” and is made to those who love God and we know who loves God because Jesus told us those who keep His commandments are those who love Him. Those who walk by faith are empowered to obey. I'm not saying that they don't ever fail; I'm saying they are able to walk into obedience, getting closer and closer to God, because they walk by faith. We know that power comes from God because of faith (Romans 1:16; 1 Corinthians 1:24; 1 Peter 1:5). So Romans 8:28 is talking about those “whom he foreknew.” They are the ones He predestined to come into the image of His Son, 30-, 60- and 100-fold. Everything is going to work together for their good; even chastening and the curse work together for the good of those who are called of God to come into the image of His Son. In the prophecy given to Joseph, the husband of Mary, it said, (Mat.1:21) And she shall bring forth a son; and thou shalt call his name JESUS; for it is he that shall save his people from their sins. The only ones who are saved from their sins are the ones who are already His people. Only sinners can be saved. They are His people by election, not by manifestation.

1. La Presunción del hombre (v. 1-4) 2. La Intervención De Dios (v. 5-8) 3. La Dispersion con Proposito (v. 9)

What are the implications for active strategies when market dispersion is elevated? In this episode, Focus Partners' Todd Jones shares how wide differences in asset class performance can create opportunities for active managers as fundamentals, sentiment, and economic signals diverge. Click here to view supporting charts referenced in today's episode.

Today, we are joined by Nick Baltas to examine how narratives, signals, and structural design are reshaping trend following at the start of 2026. The conversation moves from investor storytelling and information digestion to a sober review of what truly drove dispersion in 2025. We explore why speed and universe choice mattered more than expected, why recent outcomes may be misleading, and why reacting to performance is often a mistake. The discussion then turns technical, unpacking new academic research on nonlinear momentum, signal construction, and the deeper mechanics behind trend following's defensive behavior during stress. The episode closes with a reminder that discipline, not prediction, remains the strategy's core advantage.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Nick on Twitter.Episode TimeStamps:00:00 - Introduction and welcome01:05 - A disrupted start to 202603:10 - Narratives, information, and price formation07:06 - Why stories often fail to move markets09:31 - Recurring themes and market attention10:59 - Strong early conditions for trend following12:01 - Dispersion across strategies in 202515:06 - Familiar patterns in an unfamiliar year18:42 - Speed versus universe in trend design23:17 - Why recent outperformance can mislead31:08 - Institutional views on trend following40:21 - Nonlinear time series momentum research50:30 - Autonomy of trend and crisis...

After a year of strong performance across major asset classes, what lies ahead for financial markets in 2026? In our latest Market Outlook podcast, Fiduciary's Head of Investments, Pat Donlon, CFA, shares key trends and insights to watch this year.  View the video here on our website with closed captions. 

The Incomparable Christ Pt. 1: Our Standing In Christ By Louie Marsh, 1-11-2026 1) Who & what I AM. "1Paul, an apostle of Christ Jesus by the will of God, To the saints who are IN EPHESUS, and are faithful IN CHRIST JESUS: 2Grace to you and peace from God our Father and the Lord Jesus Christ. (Ephesians 1 1-2, ESV)   Intro.  Verses 3 - 14 have been called a Hymn of Grace.  They are a statement of our spiritual blessings in Christ.  These verses are one long, complex sentence in the Greek. According to Purdue University: Run-ons, comma splices, and fused sentences are all names given to compound sentences that are not punctuated correctly.   You can divide these verses into three parts.  1) The Father, 2) the Son, 3) the Spirit.  They are also mainly concerned with 1)the past, 2) the present, 3) the future.  These three sections are marked off by the repeated phrase "Praise of His Glory," or "glorious grace."  See verses 3, 12, 14.   This Passage is About   The Father -  The Past The Son – the Present The Spirit – The Future Created Loved Sealed Predestined Redeemed Guaranteed Blessed Blessed Blessed   Paul begins his letter by looking at what each member of the Trinity has done for those who have become followers of Christ.   2) I am BLESSED beyond measure.    3Blessed be the God and Father of our Lord Jesus Christ, who has blessed us IN CHRIST with every spiritual blessing IN THE HEAVENLY PLACES, 6to the praise of his glorious grace, with which he has blessed us in the Beloved.  (Ephesians 1 3-6, ESV)   Bless = eulogy.  The word literally means "to speak well of"   It's in the aorist tense, which refers to something done at a particular point in time, with effects still being felt now.  Example - rock in pond, ripples.   We bless God because He first blessed us   "19We love because he first loved us." (1 John 4:19, ESV)   God's word equals action. He created the universe by speaking so if God says you're blessed - you're blessed!   In the Heavenlies this phrase used 5 times in Ephesians and nowhere else by Paul. Paul is saying that these blessing of the Father reside in the unseen world of spiritual reality.  They are real - even though they can't always be seen.   Every Spiritual Blessing! Aorist Tense again. This is important, you have ALREADY BEEN GIVEN THIS! Freely Given. You don't have to do anything to earn this - works, praying through, study, etc. All These blessings are gifts of the Father's GRACE!!   3) God the Father CHOSE me before He created the universe.   4even as he chose us IN HIM before the foundation of the world, that we should be holy and blameless before him. IN LOVE 5he predestined us for adoption to himself as sons through Jesus Christ, according to the purpose of his will, Ephesians 1:4-5 (ESV)   A Misunderstood Bible Truth. Entire Denominations have split over this issue of Predestination.  Obviously we don't have time today to go into it fully. This is my understanding of it in a nutshell.   God chose us. This word used in LXX of God's choice of Israel, implies taking a smaller number out of a larger group.  Written in aorist tense.   This choice is called Predestination. It's actually 2 words and literally means -  "Before the Horizon" & It was used of making a blueprint.   Add to this the word "before" in verse 4 which means "to see down into"   Then read I Peter 1: 1-2 and you arrive at what I believe is the Biblical doctrine of Predestination.   "1Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, 2according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you." (1 Peter 1:1–2, ESV)   "God knowing everything – even what we call the future (also called foreknowledge) based on that knowledge he chooses (predestines) those who respond to His Grace in Jesus Christ."   Our problem with this is we are time bound people used to dealing with things in a certain order, God isn't and doesn't.   4) To prove that GOD'S WAY is superior to Satan's or the world's way.   6to the praise of his glorious grace, with which he has blessed us in the Beloved.  (Ephesians 1:6, ESV)   Introduce Lindy Beige and show video – the world and the devil always rely on force. God doesn't.   5) Forgiveness is found ONLY in Christ.    7IN HIM we have redemption through his blood, the forgiveness of our trespasses, according to the riches of his grace, 8which he lavished upon us, IN ALL WISDOM AND INSIGHT 9making known to us the mystery of his will, according to his purpose, which he set forth IN CHRIST 10as a plan for the fullness of time, to unite all things IN HIM, things in heaven and things on earth.  (Ephesians 1:7–10, ESV)   · The grace of God in Christ is rich · It is LAVISHED upon us. · God does this wisely with insight · To show that only IN CHRIST will everyone & everything come together.   6) I am SEALED in Christ by the Holy Spirit.    11In him we have obtained an inheritance, having been predestined according to the purpose of him who works all things according to the counsel of his will, 12so that we who were the first to hope IN CHRIST might be to the praise of his glory. 13IN HIM you also, when you heard the word of truth, the gospel of your salvation, and believed IN HIM, were sealed with the promised Holy Spirit, 14who is the guarantee of our inheritance until we acquire possession of it, to the praise of his glory." (Ephesians 1:11–14, ESV)   · God CHOSE me – that's amazing. · I'm part of God working all things according to His will. · The Spirit seals me · He (Spirit) guarantee's our inheritance (all those spiritual blessings referred to above) until the time we can receive & live in them. · All of this results in the praise of God's glory.      

In this episode of Excess Returns, we dive deep into one of the most pressing investing debates today: how to think about valuations, profit margins, and artificial intelligence in a market that feels both expensive and transformative. Sam Ro joins Matt Zeigler and Kai Wu for a wide-ranging conversation that explores whether traditional valuation tools still matter, how AI is reshaping corporate economics, and why history suggests investors should be cautious about bubble narratives even when enthusiasm runs high. From profit margins and capital intensity to the future of the Magnificent Seven, this episode focuses on how long-term investors can frame uncertainty without relying on false precision or short-term market calls.Timestamps00:00 Valuations, bubbles, and why timing markets is so hard01:41 Do valuations still matter for investors05:58 S&P 500 valuation levels versus history09:30 Profit margins and why mean reversion has not shown up yet14:39 Household finances, pricing power, and consumer resilience15:47 AI, productivity, and the limits of forecasting economic impact19:15 Valuations adjusted for structurally higher profit margins21:15 Tech multiples, growth expectations, and PEG ratios24:07 Are we in an AI bubble and why that question may not help29:14 Lessons from past bubbles and irrational exuberance30:14 How transformative AI could be compared to past innovations35:20 Massive AI capital spending and the risk of overbuild39:42 Who captures value in AI: builders versus users46:39 Revenue per worker and productivity trends48:00 Dispersion inside the Magnificent Seven51:34 Big tech shifting from asset-light to asset-heavy models59:53 Turnover among top companies over time01:01:10 Why Wall Street price targets miss the point01:04:30 Presidential cycles and market returns01:06:28 Fund manager surveys and why popular risks are often lagging indicatorsTopics coveredHow investors should think about valuations over long time horizonsWhy elevated profit margins may be more structural than cyclicalThe role of AI in productivity, earnings, and competitive dynamicsBubble psychology and lessons from the dot-com eraCapital intensity, overinvestment, and the risk of write-downsWhy AI infrastructure builders may not capture most of the valueWhat dispersion within the Magnificent Seven signals for marketsWhy broad diversification still matters in a rapidly changing market

1 Peter 1:11:1 Peter, an apostle of Jesus Christ,To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia...John 1:35-421:35 The next day again John was standing with two of his disciples, 36 and he looked at Jesus as he walked by and said, “Behold, the Lamb of God!” 37 The two disciples heard him say this, and they followed Jesus. 38 Jesus turned and saw them following and said to them, “What are you seeking?” And they said to him, “Rabbi” (which means Teacher), “where are you staying?” 39 He said to them, “Come and you will see.” So they came and saw where he was staying, and they stayed with him that day, for it was about the tenth hour. 40 One of the two who heard John speak and followed Jesus was Andrew, Simon Peter's brother. 41 He first found his own brother Simon and said to him, “We have found the Messiah” (which means Christ). 42 He brought him to Jesus. Jesus looked at him and said, “You are Simon the son of John. You shall be called Cephas” (which means Peter).Luke 5:1-115:1 On one occasion, while the crowd was pressing in on him to hear the word of God, he was standing by the lake of Gennesaret, 2 and he saw two boats by the lake, but the fishermen had gone out of them and were washing their nets. 3 Getting into one of the boats, which was Simon's, he asked him to put out a little from the land. And he sat down and taught the people from the boat. 4 And when he had finished speaking, he said to Simon, “Put out into the deep and let down your nets for a catch.” 5 And Simon answered, “Master, we toiled all night and took nothing! But at your word I will let down the nets.” 6 And when they had done this, they enclosed a large number of fish, and their nets were breaking. 7 They signaled to their partners in the other boat to come and help them. And they came and filled both the boats, so that they began to sink. 8 But when Simon Peter saw it, he fell down at Jesus' knees, saying, “Depart from me, for I am a sinful man, O Lord.” 9 For he and all who were with him were astonished at the catch of fish that they had taken, 10 and so also were James and John, sons of Zebedee, who were partners with Simon. And Jesus said to Simon, “Do not be afraid; from now on you will be catching men.” 11 And when they had brought their boats to land, they left everything and followed him.

Pas facile de se lancer dans la programmation de la 1ère émission de l'année, pas beaucoup d'actu et de nouveautés à se mettre sous la dent. Alors pour faire vivre la maxime inventée par notre très cher Luc Leroy : « after à tout heure ! », j'ai décidé de renouer avec mes vieilles habitudes de DJ / digger… au début des années 2000, les platines CDJ ont progressivement remplacé les platines vinyles dans les clubs, les clés usb ont remplacé les caisses de disques, c'était l'âge d'or de la plateforme Beatport, à une époque où on téléchargeait la musique qu'on achetait. Je ne vous apprends sans doute rien. Le monde des musiques électroniques a contribué au développement de tout un tas de nouvelles technologies et aussi de la promotion, tout un tas de plateforme se sont lancées pour faire suivre les promos aux DJs et aux radios : Dispersion, Fatdrop, Inflyte, Promo Jukebox… DJ à mes heures perdues, j'y ai passé pas mal de temps à écouter les prochaines releases de mes labels préférés. Avec la multiplication des sorties et des canaux, j'y vais moins souvent qu'avant alors j'ai eu envie de retrouver ce plaisir d'écouter quasiment à l'aveugle des sons pour composer ma première selecta de 2026, et rendre hommage à tous ces petits labels, ces producteurices, ces artistes pour qui la musique de club, c'est la vie. En fin d'émission, le rendez-vous dans l'espace littéraire de Nicolas Jalageas, libraire aux Cahiers de Colette. LÉONIE PERNET "Réparer le monde (Scratch Massive remix)" FRANZ MATTHEWS "You & I feat. Lights Out" COSTELLO "Madbot" DJ Q& Zibba "You Could Be The One" HYAS & PURA PURA "Let's Get Lost feat. DJ Swisha" ROBYN "Dopamine (Marlon Hoffstadt Remix)" FAITHLESS "Insomnia (Disclosure's 2025 Edit)" CROOKED MAN "Don't Leave Me This Way" VOYOU "Il neige"

Niels is joined by all 9 amazing co-hosts, to discuss a year that refused to behave. In part one of the annual "roundtable", Niels and the group map why 2025 produced such striking dispersion across trend followers. They revisit the Liberation Day shock and the uncomfortable truth it exposed: results often came down to unglamorous choices like market selection, time horizon, and how quickly risk is resized after clustered volatility and sharp reversals. The conversation then widens to a structural theme: the rapid growth of strategies investors hope will sit outside stocks and bonds, from managed futures and multi strats to structured products, gold, and crypto, plus the liquidity, reflexivity, and selection challenges that follow when everyone reaches for the same diversifier.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Nick on LinkedIn.Follow Alan on Twitter.Follow Katy on LinkedIn.Follow Andrew on Twitter and LinkedIn.Follow Cem on Twitter and LinkedIn.Follow Richard on

Election. A controversial topic amongst believers but a topic from which the apostles and the Lord never shied away. Peter opens his first epistle by addressing the "elect exiles of the Dispersion," and he does so not to stir controversy but to be a great encouragement to the believers. Pastor Mollenkopf explains the rich value of the this opening, a value to the saints then and a great value for us today.

Interviewer: RAFAEL KHACHATURIAN. Over the past decade we have witnessed an unfolding global crisis of democracy, in its liberal-democratic, representative, capitalist form. As elite power has continued to grow without constraints, classical democratic theory has struggled to keep pace with these momentous changes. In this episode, political theorist SAMUEL BAGG sat down with RAFAEL KHACHATURIAN to discuss how elites gain systematic advantages in modern society, and why resisting this state capture is crucial for thinking about the future of democracy. Episode recorded in February 2025.

Welcome back to the Alt Goes Mainstream podcast.Today's episode brings the perspective of an asset management veteran who has sat on both sides of the table.We sat down in Franklin Templeton's New York City office with George Stephan, COO of Global Wealth Management Alternatives at Franklin Templeton.George joined Franklin to continue the buildout of the firm's Alternatives capabilities, which boasts over $264B AUM in private markets strategies that include Lexington Partners, Benefit Street Partners, and Clarion Partners. George came from KKR, where he was Head of Strategy and Business Development for the firm's Global Client Solutions business and was also COO and Head of Investor Relations for KKR's Global Wealth Solutions business in the Americas. Prior to KKR, George spent nine years in Morgan Stanley's wealth management division. George is also a Board Observer at CAIS.George and I had a fascinating conversation about how to build a wealth solutions business and how advisors approach private markets. We discussed:How has the adoption of private markets by the wealth channel evolved over the course of George's career?The benefits and challenges of being a traditional asset manager building out its private markets capabilities.The breadth and depth of Franklin Templeton's reach as a firm and how that brand and history have helped Franklin partner with the wealth channel in private markets.How has Franklin Templeton's family of specialists enabled the firm to leverage the expertise of specialist alternative asset managers within a larger platform?How does the wealth channel approach private markets?How will model portfolios be constructed and adopted by the wealth channel?Will evergreen funds be the structure of choice for most advisors?Thanks George for coming on the show to share your expertise and wisdom at the intersection of private markets and private wealth.Show Notes00:00 Introduction to our Sponsor, Ultimus01:55 Welcome to the Podcast02:03 Guest Introduction: George Stephan03:59 George's Career Journey04:12 Building Wealth Solutions at Franklin Templeton06:06 Key Pillars for Success in Wealth Management07:31 Client Service and Operational Excellence09:04 Strategic Approach to Wealth Management10:15 Convergence of Public and Private Markets10:48 Advisor Needs and Solutions13:31 Franklin Templeton's Private Markets Business14:23 Unifying Private Markets Business15:01 Cross Collaboration and Investment Decisions15:43 Cultural Alignment in Acquisitions16:35 Franklin Templeton's Core Principles17:15 Heritage and Long-Term Thinking21:30 Brand Evolution and Market Perception24:19 Strategic Partnerships in Private Markets25:56 Future of Partnerships and Acquisitions26:57 Winners and Losers in Partnerships27:10 Advisor's Perspective on Productization27:43 Allocating to Public and Private Markets28:21 Innovation in Private Markets29:05 Challenges and Opportunities in Wealth Management29:56 The Future of Multi-Asset Solutions30:17 Operational Complexity in Private Markets31:27 The Need for Digital Transformation31:59 Adoption of Distributed Ledger Technology (DLT)32:46 Evolving Technology in Wealth Management33:49 Impact of Market Efficiency on Returns35:13 Dispersion in Private Markets Performance37:17 Scale and Investment Integrity38:44 Building Capabilities in Franklin Alternatives40:10 Partnering with Asset Managers41:36 Keys to Building a Wealth Solutions Business42:16 Hiring for Private Markets Expertise43:39 Educating the Industry on Private Markets45:48 Evergreen Structures in Private Markets49:45 Exciting Trends in Private MarketsEditing and post-production work for this episode was provided by The Podcast Consultant.A word from AGM podcast sponsor, Ultimus Fund SolutionsThis episode of Alt Goes Mainstream is brought to you by Ultimus Fund Solutions, a leading full-service fund administrator for asset managers in private and public markets. As private markets continue to move into the mainstream, the industry requires infrastructure solutions that help funds and investors keep pace. In an increasingly sophisticated financial marketplace, investment managers must navigate a growing array of challenges: elaborate fund structures, specialized strategies, evolving compliance requirements, a growing need for sophisticated reporting, and intensifying demands for transparency.To assist with these challenging opportunities, more and more fund sponsors and asset managers are turning to Ultimus, a leading service provider that blends high tech and high touch in unique and customized fund administration and middle office solutions for a diverse and growing universe of over 450 clients and 1,800 funds, representing $500 billion assets under administration, all handled by a team of over 1,000 professionals. Ultimus offers a wide range of capabilities across registered funds, private funds and public plans, as well as outsourced middle office services. Delivering operational excellence, Ultimus helps firms manage the ever-changing regulatory environment while meeting the needs of their institutional and retail investors. Ultimus provides comprehensive operational support and fund governance services to help managers successfully launch retail alternative products.Visit www.ultimusfundsolutions.com to learn more about Ultimus' technology enhanced services and solutions or contact Ultimus Executive Vice President of Business Development Gary Harris on email at gharris@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.

While the broader S&P 500 experienced an average drawdown in November, underlying sector movement was much more meaningful. In this episode, Focus Partners' Todd Jones discusses what we can infer from this dynamic. He also shares updates on recent market performance and recession indicators.Click here to view supporting charts referenced in today's episode.

Charles Schwab's Collin Martin says investors are weighing some Fed governor comments over others. He explains the "dispersion" happening as the outcome for interest rate cuts remains unclear for December's meeting. Collin adds that an October "data void" makes it even harder for the FOMC to reach a decision. That said, Collin sees the labor market serving more importance to the Fed's path forward. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

November 19, 2025Torah Smash! The Podcast for Nerdy JewsEpisode 94 - The Cube of Babel …With Guest Host Cantor Ross WolmanIn this episode, our guest host, Cantor Ross Wolman, helps us take a look back at the ambitious building of the Tower of Babel. We explore what happens when humanity's drive causes their humanity to disappear. The answers to our questions may be revealed as we look up to the heavens, past the stars, and possibly where no man has gone before.00:03:23 The Tower of Babel00:09:23 The Borg00:13:05 Seven-of-Nine and Assimilation00:17:57 Dispersion and Disconnecting from the Collective00:22:56 Assimilation in modernity00:25:29 The Borg Queen's Individuality00:33:06 The Borg helped get Obama ElectedShare this episode with a friend: https://www.torahsmash.com/post/episode-94-the-cube-of-babelConnect with us online, purchase swag, support us with a donation, and more at www.torahsmash.com.

Derek Moore is joined by Shane Skinner and Mike Snyder where they look at the dispersion happening within the S&P 500 Index November to date. Then, they discuss the outflows ongoing for the small caps and what if anything that means. Later, looking at the effects of earnings on Nvidia's option prices, Apple's outlier as the strongest of the Mag 7 this week, and reviewing how the market re-rating caused the market to ease even though another record forward earnings expectation number from analysts.   Not all Mag-7 stocks are acting in unison NVDA implied volatility comparison between expirations around earnings Small cap outflows are showing people aren't favoring them this year despite interest rate cuts Forward 12-month analyst EPS estimates on S&P 500 hit record high While the forward multiple declines in a market re-rating Apple vs the other Mag-7 stocks Market pullback before going for 7000? Don't try and time it, just be hedged!   Mentioned in this Episode     Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT   Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt   Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag   Contact Derek derek.moore@zegainvestments.com      

This is a throwback episode given on 10/26/08 at the Phoenix Community Kollel.

Join host and HRS Digital Education Committee Vice-Chair, Tina Baykaner, MD, MPH and her guests Jerome Kalifa, MD and Paul C. Zei, MD, PhD, FHRS as they discuss this article at HRX 2025 in Atlanta. The RESTART trial is an international, multicenter, non-randomized interventional study designed to assess whether using Volta Medical's AI-assisted algorithm to identify and ablate dispersed electrograms (EGMs) in addition to doing repeat pulmonary vein isolation can improve outcomes in patients whose atrial fibrillation recurred after previous ablations.The main goal is to see the proportion of patients who are free from AF twelve months after the repeat procedure (without antiarrhythmic drugs), and the trial contains about 92 patients.   Learning Objective Describe the design and purpose of the RESTART trial, including how the use of AI-guided identification and ablation of dispersed electrograms aims to improve outcomes for patients undergoing repeat ablation for recurrent atrial fibrillation.   Article Authors John D. Hummel Haroon Rachid Isabel Deisenhofer Paul C. Zei Gustavo Morales Jerome Horvilleur Stavros Mountantonakis Jean-Paul Albenque Devi G. Nair Benjamin D'Souza Smit C. Vasaiwala Tom De Potter Daniel H. Cooper Mark Metzl Adi Lador Anthony R. Magnano Alexandru B. Chicos Joshua R. Silverstein Daniel Guerrero Shirley Beguin Anas El-Benna Sabine Lotteau Marie-Sophie Nguyen-Tu Paola Milpied Jerome Kalifa Bradley P. Knight Dhanunjaya R. Lakkireddy Podcast Contributors Jerome Kalifa, MD Paul C. Zei, MD, PhD, FHRS Tina Baykaner, MD, MPH   All relevant financial relationships have been mitigated. Host Disclosure(s): T. Baykaner  •Honoraria/Speaking/Consulting: Volta Medical, Medtronic, Pacemate, Johnson and Johnson, Abbot Medical, Boston Scientific •Research: NIH ​Contributor Disclosure(s):    J. Kalifa: •Stock Options, Privately Held: Volta Medical P. Zei•Research: Biosense Webster, Inc. •Speaking/Teaching/Consulting: Biosense Webster, Inc., Varian Medical Systems, Abbott Staff Disclosure(s) (note: HRS staff are NOT in control of educational content. Disclosures are provided solely for full transparency to the learner): S. Sailor: No relevant financial relationships with ineligible companies to disclose.

Today, a look at the weakest equity market session in the US in the last few weeks, with at least one key AI story triggering a bit of unease, while Tesla news disappointed. But macro was the headline stealer yesterday as the Japanese yen was thrashed across the board and gold soared above $4,000 for the first time. Also: today is crunch time for whether France can kick the political can to the 2027 election, the dispersion trade is getting wild and deserves our attention, speculative froth is downright insane in some single names and more. Today's pod is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links discussed on the podcast and our Chart of the Day can be found on the John J. Hardy substack (within one to three hours from the time of the podcast release). Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro and outro music by AShamaluevMusic

This podcast episode delves into the complexities of irregular warfare in the Indo-Pacific region, featuring insights from Dr. Andrew Maher, a subject matter expert. The discussion covers the definitions and implications of irregular warfare, the rise of proxy warfare, and the challenges faced by allies in understanding and engaging in these conflicts. Medical support and casualty management in tropical regions and urban environments are also explored, alongside lessons learned from recent conflicts like Ukraine. The episode emphasizes the need for preparedness and resilience in the face of potential conflicts.Andrew Maher | Australian Army Research Centre (AARC)https://share.google/bs9gh7nLFkJNVGBGWTakeawaysIrregular warfare is the predominant form of conflict today.Proxy warfare is on the rise and is a key strategy.Allies may have different doctrines and approaches to irregular warfare.Preparedness for unconventional warfare is crucial for allies.Medical support in tropical regions presents unique challenges.Urban warfare requires understanding of local healthcare systems.Lessons from Ukraine highlight the targeting of medical resources.Humanitarian assistance can enhance resilience and understanding.Dispersion of forces is necessary in modern conflict.Understanding local grievances is vital for unconventional warfare.Chapters00:00 Introduction to Irregular Warfare in the Pacific02:48 Understanding Irregular Warfare Concepts06:10 The Rise of Proxy Warfare09:07 Allies and Partners in Irregular Warfare11:50 Unconventional Warfare Preparedness14:49 Challenges of Medical Support in Irregular Warfare17:54 Casualty Management in Tropical Regions20:49 Urban Warfare and Mega Cities24:08 Lessons from Ukraine and Targeting Medical Resources27:05 Key Takeaways on Irregular Warfare and Medical PlanningFor more content, go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.prolongedfieldcare.org⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Consider joining the Special Operations Medical Association, go to: ⁠⁠⁠⁠⁠⁠⁠https://specialoperationsmedicine.org/⁠⁠⁠⁠⁠⁠Consider supporting us: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠patreon.com/ProlongedFieldCareCollective⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ or ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.lobocoffeeco.com/product-page/prolonged-field-care⁠⁠⁠

In this episode of Excess Returns, we're joined by Noel Smith, co-founder and CIO of Convex Asset Management. Noel shares his unique journey from biochemistry and the military to market making, high-frequency trading, and running a volatility-focused hedge fund. We dig deep into volatility, regime models, income strategies, dispersion, tail hedging, and more, offering a rare look inside the world of professional options and volatility trading.Topics covered:Noel's background: biochemistry, military, market making, HFT, hedge fund launchHow markets have evolved since the 1990sWhy volatility is the best source of market informationRegime shift modeling and its role in strategy selectionUsing options for income and the trade-offs investors should understandVolatility harvesting and risk-defined short vol strategiesThe impact of zero DTE options on marketsDispersion trading and correlation dynamicsBond vol arbitrage and volatility surfacesOpportunistic trades like GameStop and meme stocksTail hedging, its costs, and how to monetize hedgesLessons on flexibility, risk, and never being married to positionsTimestamps:00:00 Intro and Noel's unique background06:00 How markets have changed behind the scenes07:00 Why volatility is the best information source09:00 Regime shift model explained19:00 Using options for income – benefits and risks24:30 Volatility harvesting strategies29:10 What the VIX does (and doesn't) tell you30:30 Zero DTE options and systemic risk33:20 Dispersion trading explained42:00 Bond vol arbitrage45:00 Opportunistic trades: GameStop and beyond51:30 Tail hedging and rebalancing54:30 Lessons on flexibility and risk management

To become a follower of Jesus, visit: https://MorningMindsetMedia.com/MeetJesus  (NOT a Morning Mindset resource)   ⇒ TELL SOMEONE ABOUT THE MORNING MINDSET - Your personal recommendation can make an eternal difference in the lives of the people you know! STEP ONE: Go to http://YourMorningMindset.com  STEP TWO: Share that page with someone you know! ➖➖➖➖➖➖➖➖➖➖ TODAY'S SCRIPTURE: 1 Peter 1:1–2 - Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, [2] according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you. (ESV) ➖➖➖➖➖➖➖➖➖➖ FINANCIALLY SUPPORT THE MORNING MINDSET: (not tax-deductible) -- Become a monthly partner: https://mm-gfk-partners.supercast.com/ -- Underwrite one daily episode: https://MorningMindsetMedia.com/daily-sponsor/ -- Give one-time: https://give.cornerstone.cc/careygreen -- Venmo: @CareyNGreen ➖➖➖➖➖➖➖➖➖➖ FOREIGN LANGUAGE VERSIONS OF THIS PODCAST: Subscribe to the SPANISH version: https://MorningMindsetMedia.com/Spanish Subscribe to the HINDI version: https://MorningMindsetMedia.com/Hindi Subscribe to the CHINESE version: https://MorningMindsetMedia.com/Chinese ➖➖➖➖➖➖➖➖➖➖ CONTACT: Carey@careygreen.com  ➖➖➖➖➖➖➖➖➖➖ THEME MUSIC: “King’s Trailer” – Creative Commons 0 | Provided by https://freepd.com/   ***All NON-ENGLISH versions of the Morning Mindset are translated using A.I. Dubbing and Translation tools from DubFormer.ai ***All NON-ENGLISH text content (descriptions and titles) are translated using the A.I. functionality of Google Translate.  

To become a follower of Jesus, visit: https://MorningMindsetMedia.com/MeetJesus  (NOT a Morning Mindset resource)   ⇒ Get a copy of the MM Companion Journal: https://MorningMindsetMedia.com/journal ➖➖➖➖➖➖➖➖➖➖ TODAY'S SCRIPTURE: 1 Peter 1:1–2 - [1] Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, [2] according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you. (ESV) ➖➖➖➖➖➖➖➖➖➖ FINANCIALLY SUPPORT THE MORNING MINDSET: (not tax-deductible) -- Become a monthly partner: https://mm-gfk-partners.supercast.com/ -- Underwrite one daily episode: https://MorningMindsetMedia.com/daily-sponsor/ -- Give one-time: https://give.cornerstone.cc/careygreen -- Venmo: @CareyNGreen ➖➖➖➖➖➖➖➖➖➖ FOREIGN LANGUAGE VERSIONS OF THIS PODCAST: Subscribe to the SPANISH version: https://MorningMindsetMedia.com/Spanish Subscribe to the HINDI version: https://MorningMindsetMedia.com/Hindi Subscribe to the CHINESE version: https://MorningMindsetMedia.com/Chinese ➖➖➖➖➖➖➖➖➖➖ CONTACT: Carey@careygreen.com  ➖➖➖➖➖➖➖➖➖➖ THEME MUSIC: “King’s Trailer” – Creative Commons 0 | Provided by https://freepd.com/   ***All NON-ENGLISH versions of the Morning Mindset are translated using A.I. Dubbing and Translation tools from DubFormer.ai ***All NON-ENGLISH text content (descriptions and titles) are translated using the A.I. functionality of Google Translate.  

To become a follower of Jesus, visit: https://MorningMindsetMedia.com/MeetJesus  (NOT a Morning Mindset resource)   ⇒ Join the MMM Prayer Team: https://MorningMindsetMedia.com/PrayerTeam ➖➖➖➖➖➖➖➖➖➖ TODAY'S SCRIPTURE: 1 Peter 1:1–2 - [1] Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, [2] according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you. (ESV) ➖➖➖➖➖➖➖➖➖➖ FINANCIALLY SUPPORT THE MORNING MINDSET: (not tax-deductible) -- Become a monthly partner: https://mm-gfk-partners.supercast.com/ -- Underwrite one daily episode: https://MorningMindsetMedia.com/daily-sponsor/ -- Give one-time: https://give.cornerstone.cc/careygreen -- Venmo: @CareyNGreen ➖➖➖➖➖➖➖➖➖➖ FOREIGN LANGUAGE VERSIONS OF THIS PODCAST: Subscribe to the SPANISH version: https://MorningMindsetMedia.com/Spanish Subscribe to the HINDI version: https://MorningMindsetMedia.com/Hindi Subscribe to the CHINESE version: https://MorningMindsetMedia.com/Chinese ➖➖➖➖➖➖➖➖➖➖ CONTACT: Carey@careygreen.com  ➖➖➖➖➖➖➖➖➖➖ THEME MUSIC: “King’s Trailer” – Creative Commons 0 | Provided by https://freepd.com/   ***All NON-ENGLISH versions of the Morning Mindset are translated using A.I. Dubbing and Translation tools from DubFormer.ai ***All NON-ENGLISH text content (descriptions and titles) are translated using the A.I. functionality of Google Translate.  

To become a follower of Jesus, visit: https://MorningMindsetMedia.com/MeetJesus  (NOT a Morning Mindset resource)   ⇒ BECOME A MONTHLY PARTNER: (not tax-deductible) You can find out how to become a monthly partner including how to receive your "thank you" gift - our bonus podcast called "Digging Deeper." God t: https://mm-gfk-partners.supercast.com/ ➖➖➖➖➖➖➖➖➖➖ TODAY'S SCRIPTURE: 1 Peter 1:1–2 - [1] Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, [2] according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you. (ESV) ➖➖➖➖➖➖➖➖➖➖ FINANCIALLY SUPPORT THE MORNING MINDSET: (not tax-deductible) -- Become a monthly partner: https://mm-gfk-partners.supercast.com/ -- Underwrite one daily episode: https://MorningMindsetMedia.com/daily-sponsor/ -- Give one-time: https://give.cornerstone.cc/careygreen -- Venmo: @CareyNGreen ~~~~~~~~~~~~~~ FOREIGN LANGUAGE VERSIONS OF THIS PODCAST: Subscribe to the SPANISH version: https://MorningMindsetMedia.com/Spanish Subscribe to the HINDI version: https://MorningMindsetMedia.com/Hindi Subscribe to the CHINESE version: https://MorningMindsetMedia.com/Chinese ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ CONTACT: Carey@careygreen.com  ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ THEME MUSIC: “King’s Trailer” – Creative Commons 0 | Provided by https://freepd.com/   ***All NON-ENGLISH versions of the Morning Mindset are translated using A.I. Dubbing and Translation tools from DubFormer.ai ***All NON-ENGLISH text content (descriptions and titles) are translated using the A.I. functionality of Google Translate.  

To become a follower of Jesus, visit: https://MorningMindsetMedia.com/MeetJesus  (NOT a Morning Mindset resource)   ⇒ Listen to our other podcasts: https://MorningMindsetMedia.com ➖➖➖➖➖➖➖➖➖➖ TODAY'S SCRIPTURE: 1 Peter 1:1–2 - [1] Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, [2] according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you. (ESV) ➖➖➖➖➖➖➖➖➖➖ FINANCIALLY SUPPORT THE MORNING MINDSET: (not tax-deductible) -- Become a monthly partner: https://mm-gfk-partners.supercast.com/ -- Underwrite one daily episode: https://MorningMindsetMedia.com/daily-sponsor/ -- Give one-time: https://give.cornerstone.cc/careygreen -- Venmo: @CareyNGreen ➖➖➖➖➖➖➖➖➖➖ FOREIGN LANGUAGE VERSIONS OF THIS PODCAST: Subscribe to the SPANISH version: https://MorningMindsetMedia.com/Spanish Subscribe to the HINDI version: https://MorningMindsetMedia.com/Hindi Subscribe to the CHINESE version: https://MorningMindsetMedia.com/Chinese ➖➖➖➖➖➖➖➖➖➖ CONTACT: Carey@careygreen.com  ➖➖➖➖➖➖➖➖➖➖ THEME MUSIC: “King’s Trailer” – Creative Commons 0 | Provided by https://freepd.com/   ***All NON-ENGLISH versions of the Morning Mindset are translated using A.I. Dubbing and Translation tools from DubFormer.ai ***All NON-ENGLISH text content (descriptions and titles) are translated using the A.I. functionality of Google Translate.  

To become a follower of Jesus, visit: https://MorningMindsetMedia.com/MeetJesus  (NOT a Morning Mindset resource) ➖➖➖➖➖➖➖➖➖➖ ⇒Check out all of Carey's books - for adults and kids, fiction and non-fiction : https://CareyGreen.com/books ➖➖➖➖➖➖➖➖➖➖ TODAY'S SCRIPTURE: 1 Peter 1:1–2 - [1] Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, [2] according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you. (ESV) ➖➖➖➖➖➖➖➖➖➖ FINANCIALLY SUPPORT THE MORNING MINDSET: (not tax-deductible) -- Become a monthly partner: https://mm-gfk-partners.supercast.com/ -- Underwrite one daily episode: https://MorningMindsetMedia.com/daily-sponsor/ -- Give one-time: https://give.cornerstone.cc/careygreen -- Venmo: @CareyNGreen ➖➖➖➖➖➖➖➖➖➖ FOREIGN LANGUAGE VERSIONS OF THIS PODCAST: Subscribe to the SPANISH version: https://MorningMindsetMedia.com/Spanish Subscribe to the HINDI version: https://MorningMindsetMedia.com/Hindi Subscribe to the CHINESE version: https://MorningMindsetMedia.com/Chinese ➖➖➖➖➖➖➖➖➖➖ CONTACT: Carey@careygreen.com  ➖➖➖➖➖➖➖➖➖➖ THEME MUSIC: “King’s Trailer” – Creative Commons 0 | Provided by https://freepd.com/   ***All NON-ENGLISH versions of the Morning Mindset are translated using A.I. Dubbing and Translation tools from DubFormer.ai ***All NON-ENGLISH text content (descriptions and titles) are translated using the A.I. functionality of Google Translate.  

To become a follower of Jesus, visit: https://MorningMindsetMedia.com/MeetJesus  (NOT a Morning Mindset resource)   ⇒ TELL SOMEONE ABOUT THE MORNING MINDSET - Your personal recommendation can make an eternal difference in the lives of the people you know! STEP ONE: Go to http://YourMorningMindset.com  STEP TWO: Share that page with someone you know! ➖➖➖➖➖➖➖➖➖➖ TODAY'S SCRIPTURE: 1 Peter 1:1–2 - [1] Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, [2] according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you. (ESV) ➖➖➖➖➖➖➖➖➖➖ FINANCIALLY SUPPORT THE MORNING MINDSET: (not tax-deductible) -- Become a monthly partner: https://mm-gfk-partners.supercast.com/ -- Underwrite one daily episode: https://MorningMindsetMedia.com/daily-sponsor/ -- Give one-time: https://give.cornerstone.cc/careygreen -- Venmo: @CareyNGreen ➖➖➖➖➖➖➖➖➖➖ FOREIGN LANGUAGE VERSIONS OF THIS PODCAST: Subscribe to the SPANISH version: https://MorningMindsetMedia.com/Spanish Subscribe to the HINDI version: https://MorningMindsetMedia.com/Hindi Subscribe to the CHINESE version: https://MorningMindsetMedia.com/Chinese ➖➖➖➖➖➖➖➖➖➖ CONTACT: Carey@careygreen.com  ➖➖➖➖➖➖➖➖➖➖ THEME MUSIC: “King’s Trailer” – Creative Commons 0 | Provided by https://freepd.com/   ***All NON-ENGLISH versions of the Morning Mindset are translated using A.I. Dubbing and Translation tools from DubFormer.ai ***All NON-ENGLISH text content (descriptions and titles) are translated using the A.I. functionality of Google Translate.

JOHN 7:25-52 - LIVING WATER - BRIAN SUMNER - 2025"25 Now some of them from Jerusalem said, “Is this not He whom they seek to kill? 26 But look! He speaks boldly, and they say nothing to Him. Do the rulers know indeed that this is [a]truly the Christ? 27 However, we know where this Man is from; but when the Christ comes, no one knows where He is from.”28 Then Jesus cried out, as He taught in the temple, saying, “You both know Me, and you know where I am from; and I have not come of Myself, but He who sent Me is true, whom you do not know. 29 But I know Him, for I am from Him, and He sent Me.”30 Therefore they sought to take Him; but no one laid a hand on Him, because His hour had not yet come. 31 And many of the people believed in Him, and said, “When the Christ comes, will He do more signs than these which this Man has done?”32 The Pharisees heard the crowd murmuring these things concerning Him, and the Pharisees and the chief priests sent officers to take Him. 33 Then Jesus said to them, “I shall be with you a little while longer, and then I go to Him who sent Me. 34 You will seek Me and not find Me, and where I am you cannot come.”35 Then the Jews said among themselves, “Where does He intend to go that we shall not find Him? Does He intend to go to the Dispersion among the Greeks and teach the Greeks? 36 What is this thing that He said, ‘You will seek Me and not find Me, and where I am you cannot come'?”37 On the last day, that great day of the feast, Jesus stood and cried out, saying, “If anyone thirsts, let him come to Me and drink. 38 He who believes in Me, as the Scripture has said, out of his heart will flow rivers of living water.” 39 But this He spoke concerning the Spirit, whom those believing in Him would receive; for the Holy Spirit was not yet given, because Jesus was not yet glorified.40 Therefore many from the crowd, when they heard this saying, said, “Truly this is the Prophet.” 41 Others said, “This is the Christ.”But some said, “Will the Christ come out of Galilee? 42 Has not the Scripture said that the Christ comes from the seed of David and from the town of Bethlehem, where David was?” 43 So there was a division among the people because of Him. 44 Now some of them wanted to take Him, but no one laid hands on Him.45 Then the officers came to the chief priests and Pharisees, who said to them, “Why have you not brought Him?”46 The officers answered, “No man ever spoke like this Man!”47 Then the Pharisees answered them, “Are you also deceived? 48 Have any of the rulers or the Pharisees believed in Him? 49 But this crowd that does not know the law is accursed.”50 Nicodemus (he who came to Jesus by night, being one of them) said to them, 51 “Does our law judge a man before it hears him and knows what he is doing?”52 They answered and said to him, “Are you also from Galilee? Search and look, for no prophet has arisen out of Galilee.”To support this channel and partner with Brian in Ministryhttps://www.briansumner.net/support/For more on Brianhttp://www.briansumner.nethttps://www.instagram.com/BRIANSUMNER/https://www.facebook.com/BRIANSUMNEROFFICIALTo listen to Brians Podcast, click below.https://podcasts.apple.com/us/podcast...Purchase Brians Marriage book at https://www.amazon.com/Never-Fails-Da...Brian is a full time "Urban Missionary" both locally and internationally with a focus on MISSIONS - MARRIAGES - MINISTRY. Since coming to faith in 2004 doors continued opening locally and internationally to do more and more ministry with a focus on Evangelism, Outreach Missions, Marriage, Counsel, Schools, Festivals, Conferences and the like.  Everything abouSupport the showSUPPORT THE SHOW

John 7:25-52,Some of the people of Jerusalem therefore said, “Is not this the man whom they seek to kill? 26 And here he is, speaking openly, and they say nothing to him! Can it be that the authorities really know that this is the Christ? 27 But we know where this man comes from, and when the Christ appears, no one will know where he comes from.” 28 So Jesus proclaimed, as he taught in the temple, “You know me, and you know where I come from. But I have not come of my own accord. He who sent me is true, and him you do not know. 29 I know him, for I come from him, and he sent me.” 30 So they were seeking to arrest him, but no one laid a hand on him, because his hour had not yet come. 31 Yet many of the people believed in him. They said, “When the Christ appears, will he do more signs than this man has done?”32 The Pharisees heard the crowd muttering these things about him, and the chief priests and Pharisees sent officers to arrest him. 33 Jesus then said, “I will be with you a little longer, and then I am going to him who sent me. 34 You will seek me and you will not find me. Where I am you cannot come.” 35 The Jews said to one another, “Where does this man intend to go that we will not find him? Does he intend to go to the Dispersion among the Greeks and teach the Greeks? 36 What does he mean by saying, ‘You will seek me and you will not find me,' and, ‘Where I am you cannot come'?”37 On the last day of the feast, the great day, Jesus stood up and cried out, “If anyone thirsts, let him come to me and drink. 38 Whoever believes in me, as the Scripture has said, ‘Out of his heart will flow rivers of living water.'” 39 Now this he said about the Spirit, whom those who believed in him were to receive, for as yet the Spirit had not been given, because Jesus was not yet glorified.40 When they heard these words, some of the people said, “This really is the Prophet.” 41 Others said, “This is the Christ.” But some said, “Is the Christ to come from Galilee? 42 Has not the Scripture said that the Christ comes from the offspring of David, and comes from Bethlehem, the village where David was?” 43 So there was a division among the people over him. 44 Some of them wanted to arrest him, but no one laid hands on him.45 The officers then came to the chief priests and Pharisees, who said to them, “Why did you not bring him?” 46 The officers answered, “No one ever spoke like this man!” 47 The Pharisees answered them, “Have you also been deceived? 48 Have any of the authorities or the Pharisees believed in him? 49 But this crowd that does not know the law is accursed.” 50 Nicodemus, who had gone to him before, and who was one of them, said to them, 51 “Does our law judge a man without first giving him a hearing and learning what he does?” 52 They replied, “Are you from Galilee too? Search and see that no prophet arises from Galilee.”It's a busy time of year! It marks the ending of one season and the beginning of another — and so there's a lot of excitement in the air! People are grateful for how God has provided in the past; they're hopeful for how God will provide in the future. And that of course is what the Feast of Booths is all about — that's what's going on here in Jerusalem in John Chapter 7.We saw the mention of “The Feast of Booths” last week in verse 2, but I want to circle back to it this week because it's vital context for our passage today.The Feast of Booths was one of the great festivals that God commanded for Israel in the Book of Leviticus. The people would build booths (temporary shelters) and live in them for a week to remember how God provided for them way back after the exodus, and how he continued to provide for them (see Lev. 23:33–43; Deut. 16:13–15).This feast would come at the end of the agricultural year — the seventh month — which is roughly September on our calendar. So for your imagination: the events of our passage today happened around this time of year.So picture this: Jerusalem is packed with people who've come from all-over for this festival; all the kids got on their new back-to-school clothes; and they're having a week-long party — except this year was different because the whole city is abuzz with talk about this man named Jesus. And we can catch the commotion here just by a simple reading — we heard about Jesus's brothers at the start of this chapter, and then we hear about “the Jews,” “the people,” “the crowds,” “some of the people of Jerusalem,” “the Pharisees,” “the chief priests,” “the officers,” “the authorities,” and finally “Nicodemus.”Now there's overlap in some of these groups, but John uses each of these different words to describe what's going on, and the impression he gives us is that there's a whole bunch of different people talking about Jesus. They all want to know who he is, and everybody's got their own opinion. So Chapter 7 is a cacophony of questions about Jesus, and he's right in the middle of it … and we are too.This is the brilliance of God's word. As the readers of this story, we know things that the characters in this story don't know. We call this dramatic irony — and John, who wrote this Gospel, is a master of it! John lets us overhear everyone's questions about Jesus, all while he's already told us the truth about Jesus — we have the fuller perspective, and John means to involve us! He draws us into this story as readers and he gives us a part — there are ways he expects us to respond. I wanna tell you three.For the sermon, I want to tell you three ways we should respond to the buzz about Jesus in Chapter 7. And here's what's at stake: if you do these three things, it will change your life. 1. Give Jesus a hearing. We're going to actually start with the ending. Everybody find verse 45. This is the last debate of the chapter, between the chief priests, the Pharisees, and the officers. We see that word “officers” a few times. Other translations call these officers the “temple guard” or even “temple police.” We should imagine them as basically temple mall cops. Their job was to keep things in order around the temple, but they didn't carry guns.And well, back in verse 32, the chief priests and Pharisees told these temple mall cops to go arrest Jesus. The Pharisees kept hearing the crowds talk about Jesus and they had enough, so they said, Go get him and bring him in. Now everybody look at verse 45: The officers then came to the chief priests and Pharisees, who said to them, “Why did you not bring him?” The officers answered, “No one ever spoke like this man!”The chief priests and Pharisees did not like this answer. The mall cops came back without Jesus, and their defense for why they didn't arrest him was: This man is different! We don't know the full details here, but apparently these guys got close enough to Jesus to take him, but they were enamored by his words (which is a good first step toward faith) — but the Pharisees weren't having it. They attacked these guys. Look at verse 47: The Pharisees answered them, “Have you also been deceived? Have any of the authorities or the Pharisees believed in him? But this crowd that does not know the law is accursed.”The Irony of NicodemusNow this is important — I need everybody to track with me here. In verse 47, I want you to see that the Pharisees are suggesting a contrast between themselves and the crowd — and we have to see the contrast in order to see the deep irony going on here.When the Pharisees ask if the authorities or Pharisees believed in Jesus, that's a rhetorical question (the implied answer is Of course not!).They're saying: The crowd might believe in Jesus because they don't know any better — they're a bunch of dummies! But we're smart! (That's my paraphrase.) Let me read you another paraphrase of these verses, to help us really see what's going on here. Verse 46: The police answered, “Have you heard the way he talks? We've never heard anyone speak like this man.” The Pharisees said, “Are you carried away like the rest of the rabble? You don't see any of the leaders believing in him, do you? Or any from the Pharisees? It's only this crowd, ignorant of God's Law, that is taken in by him—and damned.” (Verses 46-49, The Message)See what they're saying?That is all meant to set up verse 50. Everybody find verse 50.Okay, somebody tell me the first word in verse 50 … Nicodemus!Interesting! We know who he is! We met Nicodemus back in Chapter 3. John tells us in John 3:1,“Now there was a man of the Pharisees named Nicodemus, a ruler of the Jews.” Nicodemus was a Pharisee and a ruler, which were different. There's historical evidence that confirms that Nicodemus belonged to an extremely prominent Jewish family in the First Century. They had incredible wealth and aristocratic influence — in almost every worldly metric you could imagine. Nicodemus was a big deal.And in Chapter 3, he came to Jesus one night, in private, with a bunch of questions. And Jesus told him that you have to be born again by the Holy Spirit, and he told him that “God so loved the world, that he gave his only Son, that whoever believes in him should not perish but have eternal life.” Jesus said that to Nicodemus, but then Nicodemus disappears from the story. We don't know how he responded … he doesn't show back up until now, in Chapter 7, verse 50. So catch this:The Pharisees say: Look, knuckleheads! You don't see any of us Pharisees believing in Jesus do you?The next verse starts, “Nicodemus …” Verse 50,Nicodemus, who had gone to him before, and who was one of them, said to them, “Does our law judge a man without first giving him a hearing and learning what he does?”This is the most reasonable sentence spoken by any of the characters in this chapter. Nicodemus says, Give him a hearing. It's that simple. Before you dig in your heels on who you think Jesus is, hear him out. See what he's about.Nicodemus is basically saying, Do what I did. The Pharisees think none of their own have believed in Jesus, but they don't know what we know! Actually, one of their best and brightest had believed, and in verse 50 he's telling them how he took that step: Give Jesus a hearing. Said for Us!And I want us to understand that Nicodemus says this for us. The Pharisees don't budge. They're that hardened. They even take a dig at Nicodemus in verse 52 by saying he's from Galilee — they know where Nicodemus was from. They're insulting him. So the Pharisees don't hear Jesus; the question is: will we?Will we hear Jesus out?We have to. You've heard me say this before about the late Tim Keller — a pastor in New York for decades. I agree with him when he said the magnitude of Jesus's claims and the magnitude of his historical impact demands every thoughtful person to hear him out. Because of what Jesus said and what he did, you can't just doubt him from a distance, you have to look closer. Keller gives the illustration: he says imagine you get a letter in the mail from one of the biggest law firms in the country and it says, “Dear [your name], Please call us as soon as possible. You are a long-lost heir of the British throne. These assets and mansions belong to you.” You might think that's ridiculous, but you're going to look into it, right? You're gonna at least make a phone call? The magnitude of the claim is too great not to hear it out.And so it is with Jesus. We must at least hear him out. That's what Nicodemus says. Give Jesus a hearing.This is the second way we should respond to this story …2. Give Jesus your thirst.Jump back to verse 37. Verses 37–39 are the high point of this chapter. It's the concluding words of Jesus in this scene, and I want you to notice something in verse 37 — Jesus didn't just reply and give an answer this time, but he stood up and “cried out” — and that same word for “cry out” in verse 37 is translated “proclaim” in verse 28. It's the exact same verb in verses 28 and 37 and it means to say something with a loud voice.So if we were to track the speaking moments of Jesus in this chapter, from the start of the chapter to its end, it goes like this … it starts in verse 6. Verse 6: “Jesus said to them”Verse 16: “Jesus answered them”Verse 21: “Jesus answered them”Verse 28: “Jesus proclaimed”Verse 37: “Jesus stood up and proclaimed”There's an escalation happening. Jesus literally gets louder until in verse 37 he stands up and gets loud. So this is the high point! All eyes are on him!And the setting, again, is important. Verse 37 starts by telling us this happened “On the last day of the feast, the great day” — What feast? What is John talking about?This is the Feast of Booths — remember verse 2? The “Feasts of Booth was at hand” — and now in verse 37 John is making a connection between that feast and what Jesus says here. So what is that? What's the connection?Pointing to HimWell, remember the Feast of Booths was about recognizing God's provision for Israel after the exodus. Israel wandered through the desert for forty years and God met their needs, and one of those big needs, we know, was water. The people were thirsty and God gave them water to drink — and part of this feast highlighted that provision! So we know that on this last day of the feast, people were thinking about water. The people were remembering and celebrating God's provision of water in the wilderness, and so with water literally on their minds, Jesus stands up in the middle of that and he cries out:“If anyone thirsts, let him come to me and drink! Whoever believes in me, as the Scripture has said, ‘Out of his heart will flow rivers of living water.'”Jesus is saying he's the one this feast has been pointing to this whole time. It's always been about him. He is God's true and ultimate provision for our ultimate thirst!It's amazing that Jesus did this. He caused this scene and said these words to make clear that the people's thirst is not just a thing of history, but they still thirst. He knows it. They know it. There is no modesty here. No riddles to solve. No hard sayings. Jesus is yelling. He's loud:If you're thirsty — and I know you thirst — that's why I've come!And I can almost hear the earnestness in his voice — hoarse with sincerity … heavy with seriousness … hopeful to save. He's speaking both invitation and fact. And everyone hears him, but do we hear him? Do we learn what he does?Mining Our Own ThirstImagine your own life for a minute. Something true about all of us, as human beings, is that we are glory-chasers and pleasure-seekers. This means we all want to matter and we all want to be happy. I know that about you. We all have this desire, this void, this thirst, and we can't help but try to fill it. That's what we're all doing, all the time, but the problem is that left to ourselves, we try to satisfy that thirst with everything but God. And this is not only misguided, it's evil. That's the way the Bible talks about it. The prophet Jeremiah says, Jeremiah 2:12, Be appalled, O heavens, at this; be shocked, be utterly desolate, declares the Lord, 13 for my people have committed two evils: they have forsaken me, the fountain of living waters, and hewed out cisterns for themselves, broken cisterns that can hold no water. (Jeremiah 2:12–13)Do you see? In our sin, we reject God, we abandon him, but then we go looking everywhere else for the satisfaction only he can provide. And we don't just do this one time, but over and over again. Every time we sin we are looking for the God we've forsaken. It's been said that when the young man rings the doorbell at a brothel he's actually looking for God. So what doorbells are you ringing? Where are you letting your thirst take you?I ask this for Christians and non-Christians. How badly do you want the approval of man? Do you crave relationships at all costs? Do you compromise conviction for thrills?Think about this, and I want you to imagine that in the middle of all of it, in the middle of everywhere you might be searching, Jesus is there and he stands up.In the noise of the crowd and the silence of your room, in the pressure of your work and the ache of your heart, in the high places of success and the low places of failure — Jesus stands up in that and he says over all those things, “If you thirst come to me. Come to me and drink.”Let's hear him. And then give him your thirst … right now. If you've never put your faith in Jesus, you can do that now. Just tell him.I don't wanna thirst anymore. I'm done with this search. Jesus, I believe in you. I rest in you. That is the invitation of our passage today. Give Jesus a hearing; give Jesus your thirst; and here is #3 — give Jesus to others. 3. Give Jesus to others. This is the verse 38. Jesus says that whoever believes in him, as the Scripture has said, “Out of his heart will flow rivers of living water.”And right away, we should just name it. This is not what we would maybe want Jesus to say. We might think something else would fit better, something like:Believe in me and live happily ever after! — wouldn't that be nice?!Believe in me and your house won't burn, your wife won't get cancer, your children won't be sick … Believe in me and you won't be condemned — and that's true, Jesus has said that — but here he says if you believe in him, it's not about what you get but what you can give. You will have living water flowing out of your heart! And John adds in verse 39 a little clue for us: Jesus is talking about the Holy Spirit. Everyone who believes in Jesus will receive the Holy Spirit. Jesus will say a lot more about the Spirit in Chapter 14, but I'll go ahead and tell you one thing he says: he says the Holy Spirit is God the Father and God the Son making their home in you (John 14:13). The Holy Spirit is the love of the triune God poured into your heart — and how do you think that looks?Stagnant Pond or Flowing River?This summer my family spent a few days at my parents' house in North Carolina. They live in the country: fields, woods, paths, and ponds. And there's this big pond tucked way down out of sight. You go down this path, past an old house, deep into the woods, and then suddenly there's an opening and there it is. It's a big pond (probably called a lake in Minnesota). It's named after my great-grandfather. And it used to be the place to go. It had a sandy beach and they built a tall diving board — 50 years ago my mom and her friends would hang out there. But you'd never know that now. It's been inactive for years, and it shows. The edges of the pond is covered in green algae, the surface is spooky still, mosquitoes rule the place. The water looks dead and you've seen water like that before — now is that your heart? Is your heart more like a stagnant pond or is it like a river? …The Holy Spirit makes one kind of heart. Saved to GiveJesus says that the one who believes in him, out of his heart will flow rivers of living water! So he satisfies you and then he pours out through you into the lives of others. Now what does that mean? How does that look?How does the Spirit in us affect the way we relate to others? We know it must mean the fruit of the Spirit! The Spirit makes us people of love, joy, peace, patience, kindness, goodness , faithfulness, gentleness, and self-control. The Spirit produces all of those things in our hearts in our relationships with others, but really, ultimately, the Spirit in us means that we give Jesus to people. That's what we're trying to do.Jesus has given us himself to be shared. He has poured his Spirit into our lives to flow through us into the lives of others. We get more of him so that others get him through us! Don't you want to live that way?! We're just a conduit of God's grace for others!Look, God doesn't save you for yourself — he saves you for his glory and your good — and your good is realized not in your getting, but in your giving!And church, some of you need to hear that because you think you don't have anything to give. You've been fooled or discouraged into thinking your heart is a stagnant pond, but it's not. Not according to Jesus. Christian, you have the Holy Spirit. Let today be the day God stirs anew the living water in your heart. Hey, it's a busy time of year. It's the end of one season and beginning of another — and there's a lot of excitement in the air. We start school tomorrow. And church, for this new season, let's ask God for a fresh filling of his Spirit! That's what we need! For his glory and our good! Here's how we respond to the buzz about Jesus in Chapter 7: Give Jesus a hearing.Give Jesus your thirst.And by his Spirit flowing in us, give Jesus to others. And we come to this Table in that hope.The TableThis Table is about receiving — we receive Jesus and his fellowship, and remember all that he's done for us in his life, death, and resurrected life. But we don't receive him to stop here. We receive him and then overflow!

John 7:35-36 The Jews then said to one another, “Where does this man intend to go that we will not find Him? He is not intending to go to the Dispersion among the Greeks, and teach the Greeks, is He? What is this statement that He said, ‘You will seek Me, and will not find Me; and where I am, you cannot come'?” Obviously, the Jews didn't understand what Jesus said. They could only think in earthly terms. Remember, they were seeking to kill Him. Not being able to find Him was troublesome to them. Furthermore, maybe they thought if He were going to the Greeks—good riddance. The point John made here is that they were puzzled by Jesus and His words. They didn't believe in Him in a saving way. The stage was set for one of Jesus' most public gospel proclamations of His ministry, which we will enjoy tomorrow. Our Father is always setting the stage to reveal His Son in our lives. He orchestrates circumstances and maneuvers people into our paths, creating a sense of neediness that only He can meet. He comes to us as our deliverer and provider so that we may experience His fullness and be satisfied in Him more than in things or people on the earth. The words of the apostle Paul written to the Corinthians comes to mind. 2 Corinthians 12:9-10. And He has said to me, “My grace is sufficient for you, for power is perfected in weakness.” Most gladly, therefore, I will rather boast about my weaknesses, so that the power of Christ may dwell in me. Therefore, I am well content with weaknesses, with insults, with distresses, with persecutions, with difficulties, for Christ's sake; for when I am weak, then I am strong. I invite you to pause for a moment of meditation on the stage God has set in your life for Him to reveal His grace. Look at the need God has created in your life through circumstances and relationships, and give Him thanks for the opportunities they provide for you to trust in Him and love with Him. Thank Him for the weaknesses in yourself that they reveal and glory in His presence, strength, and grace He offers. He is worthy of the glory, trust, and praise. He alone is our life. In Him, we have everything we need for life and godliness. I invite you to become a partner in our ministry. Would you pray about becoming a regular supporter of Elijah Ministries and the Live to Love with Jesus ministry? I hope you will receive the joy and benefit of "giving it forward," so others may receive encouragement to turn their hearts to God and to live to love with Jesus. You may give online or send a check to the address listed at www.spiritofelijah.com/donate.

This week, we discuss pullbacks for major technology stocks, declining long-term technology participation, and dispersion in retail names.

Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, 2 according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you.

El enemigo de tu siguiente nivel no es la pereza, es la dispersión. En este episodio no vamos a hablar de trabajar más, sino de trabajar mejor. Support the show

Peter, an apostle of Jesus Christ, To those who are elect exiles of the Dispersion in Pontus, Galatia, Cappadocia, Asia, and Bithynia, 2 according to the foreknowledge of God the Father, in the sanctification of the Spirit, for obedience to Jesus Christ and for sprinkling with his blood: May grace and peace be multiplied to you.

Golf coach Liam Mucklow joins us to share some interesting data he uncovered in his study on grip pressure and size. We learn how the size of your grip can reduce dispersion by over 30% and how grip strength and pressure are among the "secrets" to achieving better golf swings. Thank you to our show sponsors Hammer Made, Ethos Life Insurance, LMNT, and Pestie: Ethos is an online platform that makes getting life insurance fast and easy There is no complicated process and it's 100% online No medical exam required. You just answer a few health questions Get a quote in as little as 10 minutes You can get same-day coverage without ever leaving your house Get your free quote today at https://www.ethos.com/sweetspothttps://www.ethos.com/sweetspot • Tired of bugs invading your home? Pestie is a simple, DIY pest control kit customized to your location and climate—no expensive service needed. For just $35 per treatment, you get everything you need to keep your home bug-free, with a 100% money-back guarantee. It's pet and kid-friendly and even used in schools and hospitals. Sweet Spot listeners get 10% off at ⁠⁠pestie.com/sweetspots • If you want to take your hydration to the next level without sugar and all of the other dodgy ingredients in sports drinks, then you need to try LMNT. They just released a limited edition lemonade blend for the summer months. Visit ⁠⁠https://drinklmnt.com/sweetspot⁠⁠ to claim your free gift. • Hammer Made offers unique, stylish, and small-batch-produced menswear. Manufactured in the same facilities as some of the top luxury brands, but without the crazy price tag. Look good and feel good with their perfectly tailored polos, button-downs, sport coats, and more. Use code SWEETSPOT at ⁠https://www.hammermade.com/sweetspot⁠ to get $50 off your first purchase. Learn more about your ad choices. Visit megaphone.fm/adchoices

Liz Ann Sonders with Charles Schwab takes a closer look at today's FOMC meeting minutes from the June congregation. She notes dispersion between Fed heads on how many interest rate cuts the U.S. should have. Liz Ann also talks about the diversion she's seeing in sector leadership on Wall Street. Michelle Gibley later talks about the "tariff can kicked down the road." While the U.S. extended its timeline on tariff talks, Michelle shares caution when it comes to China. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-...Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-...Watch on Sling - https://watch.sling.com/1/asset/19192...Watch on Vizio - https://www.vizio.com/en/watchfreeplu...Watch on DistroTV - https://www.distro.tv/live/schwab-net...Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

Who are we in a world that rejects us? In this message from 1 Peter 1:1–2, Pastor Andrew Coleman unpacks the identity of believers as elect exiles—chosen by God, set apart by the Spirit, and called to follow Christ even in suffering. Far from being random or forgotten, God's people are part of His eternal plan, scattered yet secure in His love. This sermon explores the profound doctrine of divine election—not as a puzzle to solve, but as a promise to rejoice in. ________________________________________ Links to Sermon Notes & Answers: ➤Sermon Notes (Blank): https://www.sheridanhills.org/_files/ugd/30fec2_4c1fa55792de401eb79ab64a93675bbb.pdf ➤Sermon Notes (Answers): ________________________________________ Subscribe to this channel to catch weekly expositional sermons from the Bible. ________________________________________ Explore more sermons and information: https://www.sheridanhills.org/watch-new ________________________________________ Follow us: ➤Facebook: https://www.facebook.com/sheridanhills/ ➤Twitter: https://twitter.com/sheridanhills01 ➤Instagram: https://www.instagram.com/sheridanhills/

This sermon was preached on June 8, 2025 at Antioch Presbyterian Church, a congregation of Calvary Presbytery of the Presbyterian Church in America located in Woodruff, South Carolina. Pastor Brendon Branigin of the Second Presbyterian Church of Greenville preached this sermon entitled "Elect Exiles of the Dispersion" on 1 Peter 1:1, 2. For more information about Antioch Presbyterian Church, please visit ⁠antiochpca.com⁠ or contact us at ⁠⁠info@antiochpca.com.