Underweight the US

The US soveriegn debt is unstable. Their gamble in finacial shares is not working. THe market is decresing the value across the board.

Normally, time to buy, but with the corrent US policies, rthe risk of snstability is too high.

The declines in the financial sector came after investors demanded a price so low for Citigroup's secondary share offering that the U.S. government shelved plans to trim its 34% stake in Citigroup, as the Treasury Department would have lost money on the deal. Citigroup, which is not a Dow component, was down 6.4%.

The technology-heavy Nasdaq Composite fell 1%. The Standard & Poor's 500 index declined 0.9%, led by its materials and financial sectors.

The declines in the materials sector came as futures in gold and other metals fell. Crude-oil futures also declined, while the dollar and Treasurys climbed as investors moved toward safer areas of the market. The U.S. Dollar Index, which represents the greenback against a basket of six other currencies, gained 1%.

via Stocks Fall, Led by Financials – WSJ.com.

Gospel in one paragraph

John 3. Gospel in about one paragraph.

17″Indeed, God did not send the Son into the world to condemn the world, but in order that the world might be saved through him. 18Those who believe in him are not condemned; but those who do not believe are condemned already, because they have not believed in the name of the only Son of God. 19And this is the judgment, that the light has come into the world, and people loved darkness rather than light because their deeds were evil. 20For all who do evil hate the light and do not come to the light, so that their deeds may not be exposed. 21But those who do what is true come to the light, so that it may be clearly seen that their deeds have been done in God.”

via PCUSA – Devotions – Daily readings for Friday, December 18, 2009.