August 13, 2025

In today's show, Seth Udinski and Sam Case explore recent market movements, small business optimism, and ongoing uncertainty around tariffs. The discussion also covers Donald Trump's criticism of Federal Reserve Chair Jerome Powell over costly renovations, the political implications of keeping Powell in place, and Trump's defense of tariffs in light of inflation data. Additional topics include a Tesla petition opposing the company's support for certain social causes, government layoffs, and Supreme Court developments that could impact same-sex marriage laws. Later, Craig Haugaard provides updates on agricultural trends, including lower farm-level prices for eggs and hogs, and record projected yields for corn and soybeans, and Stefan Padfield joins to highlight concerns over corporate DEI practices at Morgan Stanley and the lack of transparency in their responses to shareholder inquiries. Become a Financial Issues Partner today! For $132 a year, you get full access to our stock picks, asset allocation models, and so much more. Join right here! If you believe in and want to support the work of FISM, donate securely today. Today's show is sponsored by Timothy Plan. Learn how you can invest in a God-honoring way through biblically responsible ETFs, mutual funds, and retirement plans. Visit Timothyplan.com for more.