"Whisper" - Jason Upton. Walking the path set before me.

"Whisper" - Jason Upton. 

Walking the path set before me.

Published on May 28, 2017

"Whisper" - Jason Upton. Walking the path set before me.

Walking the path by the pond in Woodside Falls neighborhood. Pineville, North Carolina USA

Videos filmed and shared by Steve Martin - to give appreciation to and love for those we support, through Love For His People, Inc.

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The Clouds Declare His Majesty - photos

  

The Clouds Declare His Majesty

(Photos by Steve Martin)

As the storm clouds rolled over the Charlotte, North Carolina Memorial Day Sunday event, on May 28, 2017, it was amazing to see the glory of the Lord revealed.  

All eyes could see the work of His hands.

Thank you Lord for Your daily creations. You certainly paint beautiful pictures!

Steve Martin

Love For His People

VIDEO: 2000-Year-Old Jerusalem's Main Street Sheds New Light on the City's Last Hours - ISRAEL TODAY

VIDEO: 2000-Year-Old Jerusalem's Main Street Sheds New Light on the City's Last Hours Israel Antiquities Authority have released more information on the excavations of the City of David Read more →
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5 Highly Respected Financial Experts That Are Warning That A Market Crash Is Imminent - Michael Snyder THE ECONOMIC COLLAPSE BLOG

5 Highly Respected Financial Experts That Are Warning That A Market Crash Is Imminent Posted: 29 May 2017  Michael Snyder  THE ECONOMIC COLLAPSE BLOG If everything is going to be “just fine”, why are so many big names in the financial community warning about an imminent meltdown?  I don’t think that I have seen so many simultaneous warnings about a market crash since just before the great financial crisis of 2008.  And at this point, you would have to be quite blind not to see that stocks are absurdly overvalued and that a correction is going to happen at some point.  And when stocks do start crashing, lots of fingers are going to start pointing at President Trump, but it won’t be his fault.  The Federal Reserve and other central banks are primarily responsible for creating this bubble, and they should definitely get the blame for what is about to happen to global financial markets. My regular readers are quite familiar with my thoughts on where the market is headed, so today let me share some thoughts from five highly respected financial experts… #1 When Altair Asset Management’s chief investment officer Philip Parker was asked if a market crash was coming to Australia, he said that he has “never been more certain of anything in my life”.  In fact, he is so sure that the investments that his hedge fund is managing are going to crash that a decision was made to liquidate the fund “and return ‘hundreds of millions’ of dollars to its clients”… While hardly a novel claim – in the past many have warned that Australia’s housing and stock market are massive asset bubbles (which local banks have been forced to deny as their fates are closely intertwined with asset prices even as the RBA is increasingly worried) – so far few if any have gone the distance of putting their money where their mouth was. That changed, when Australian asset manager Altair Asset Management made the extraordinary decision to liquidate its Australian shares funds and return “hundreds of millions” of dollars to its clients according to the Sydney Morning Herald, citing an impending property market “calamity” and the “overvalued and dangerous time in this cycle”. “Giving up management and performance fees and handing back cash from investments managed by us is a seminal decision, however preserving client’s assets is what all fund managers should put before their own interests,” Philip Parker, who serves as Altair’s chairman and chief investment officer, said in a statement on Monday quoted by the SMH. #2 Seth Klarman leads one of the biggest hedge funds in the United States, and he believes that U.S. investors are greatly underestimating the amount of risk in the market right now… “When share prices are low, as they were in the fall of 2008 into early 2009, actual risk is usually quite muted while perception of risk is very high,” Klarman wrote. “By contrast, when securities prices are high, as they are today, the perception of risk is muted, but the risks to investors are quite elevated.” Klarman oversees one of the US’s largest hedge fund firms, with some $30 billion under management. He has a huge following on Wall Street — investors named his book, “Margin of Safety,” their favorite investment book in a recent SumZero survey. #3 Bill Blain is a strategist at Mint Partners, and he is actually specifically pointing to October 12th as the date when things will start to get “horribly interesting”… But…. Catch a falling knife, why don’t you… I shall spend the summer wondering just how long the Stock Market games continue. When, not if. At the moment, my prediction is October 12th. Around that day its going to get horribly interesting.. Why that particular day? Gut feel and knowing how the Bowl of Petunias felt in Hitchhikers. (“Not again.”) There are just too many contradictory currents out there. The unsustainability of burgeoning consumer debt, unfeasibly tight credit spreads, the sandcastle foundations of student loans, autos, housing and the CLO market, China, Trump, politics.. worries about what follows Brazil in the EM market, and whatever… The risks of a massive consumer sentiment dump..   #4 David Stockman has also been warning about what may happen this fall.  According to Stockman, this current stock market bubble “is the greatest sucker’s rally we have ever seen”… “The market is insanely valued right now.  They were trying to tag, the robo machines and day traders, they were trying to tag 2,400 on the S&P 500.  They ended up at 2,399, I think, but the point is that represents about 25 times trailing earnings for 2016.  We are at a point in the so-called recovery that has already lasted 96 months.  It’s almost the longest one in history.  What the market is saying is we have reached the point of full employment forever.  There will never be another recession or any kind of economic surprise or upset or dislocation.  The market is pricing itself for perfection for all of eternity.  This is crazy. . . . I think the market could easily drop to 1,600 or 1,300.  It could drop by 40% or even more once the fantasy ends. When the government shows its true colors, that it’s headed for a fiscal bloodbath when this crazy notion that there is going to be some Trump fiscal stimulus is put to rest once and for all.  I mean it’s not going to happen.  They can’t pass a tax cut that big without a budget resolution that incorporated $10 trillion or $15 trillion in debt over the next decade.  It’s just not going to pass Congress. . . . I think this is the greatest sucker’s rally we have ever seen.“ #5 Last but certainly not least, David Kranzler seems quite certain “that the stock market bubble is getting ready to pop”… Anyone happen to notice that several market commentators have argued that Bitcoin is a bubble but the same stock “experts” look the other way as the U.S. stock market becomes more overvalued by the day vs. the deteriorating underlying fundamentals? Bitcoin going “parabolic” triggers alarm bells but it’s okay if the stock price of Amazon.com Inc (NASDAQ:AMZN) is hurtling toward parity with the price of one ounce of gold. Tesla (NASDAQ:TSLA) burns a billion per year in cash. It sold 76,000 cars last year vs. 10 million worldwide for General Motors (NYSE:GM). Yet Tesla’s market cap is $51.7 billion vs. $48.8 billion for GM. This insanity is the surest sign that the stock market bubble is getting ready to pop. If you read between the lines of the the comments from certain Wall Street analysts, the only justification for current valuations is “Central Bank liquidity” and “Fed support of asset values.” This is the most dangerous stage of a market top because it draws in retail “mom & pop” investors who can’t stop themselves from missing out on the next “sure thing.” There will be millions of people who are permanently damaged financially when the Fed loses control of this market. Or, as legendary “vulture” investor Asher Edelman stated on CNBC, “I don’t want to be in the market because I don’t know when the plug is going to be pulled.” Could all of these top experts be wrong? It’s possible, but I wouldn’t bet on it. Every stock market bubble of this magnitude in U.S. history has ended in a spectacular crash, and this one will not be any different.  We can certainly have some good arguments about the exact timing of the next crash, but what everyone should be able to agree on is that a crash is coming. You only make money in the stock market if you get out at the right time.  Many of those that timed things well have made a tremendous amount of money, but most investors will be entirely caught off guard by the market implosion that is rapidly approaching. As I have explained to my readers repeatedly, markets tend to go down a whole lot faster than they go up, and in the not too distant future we are going to see trillions of dollars of investor wealth wiped out very, very quickly. Let’s hope that the coming crisis will not be as bad as 2008, but I have a feeling that it is going to be much worse. We didn’t learn our lessons the last time around, and so now we are going to pay a very high price for our stubbornness.

Retirement letter to my secular employer. My next assignment is coming real soon! Steve Martin

My accountant's desk at Charlotte Center City Partners
Charlotte, NC  May 30, 2017

May 30, 2017

Tuesday, 8:24 am

Charlotte, NC

Greetings fellow crew members,

I have good news to share!

Effective Dec. 31, 2017, my "Retirement of Employment" here at Charlotte Center City Partners will occur. As my becoming “even more senior” happens on November 23, with 63 candles inflaming the double chocolate, extra frosting cake I will have, there are a few other things yet assigned for me to do before I am heaven bound.

What a blessing those days to come will be! Think of this - all of Charlotte and TV land will be celebrating my birthday and retirement too, as I drive another dignitary up Tryon during the Thanksgiving Day Parade (unless Grandpa K has Steve Martin as the Grand Marshall and I ride along as his mini-Grand!) 

Leaving this ever-changing 501 ©4 after four years, eight months on staff (and eight months as a contractor prior to April 29, 2013) as the accountant for all three organizations Eleni and I account for, will give Megan a new neighbor at some point, while Klint will be seeing a different hair color other than silver across the cubicle from him. (Maybe he likes blonde, brunette or red better?) I am sure Eleni and her HR department will find a good replacement to fill my numbers chair.

My heart's desire has always been to be back once again in Christian ministry most hours of my day. After serving 24 years, from 1987 - 2010, with three international ministries (Derek Prince Ministries, Mahesh Chavda Ministries /All Nations Church with Bonnie Chavda) and Vision for Israel and The Joseph Storehouse (Barry & Batya Segal) in Fort Lauderdale and Charlotte, as the USA Director or the Director of Administration and Finance, I have prayed for it to happen. It has always been my passion to reach the nations with His Good News. (I like Sam, the “Jesus Shouter” on the Charlotte Center City streets! He certainly has Good News!)

When Laurie, my good wife of 40 years (Oct. 7, 2017) and I founded our ministry, Love For His People, Inc. in April of 2010, I was believing that that would be my life’s work from that point on. But for the last seven years, the good Lord took me on a side journey, which is why I am grateful to Moira, Eleni and Jovonna for allowing me to serve with you at CCCP, CCCP-Community Trust and the 7th Street Public Market. But now the time has come to complete the plans set before me. 

After my 14th journey to Israel this month of May, with previous adventures to China, England, France, Germany, India, Canada, Spain and Trinidad and Tobago...I will once again be adding frequently to my frequent flyer miles’ travel log. Good thing I have a valid new 10-year passport with plenty of visa pages to again be imprinted!

Before I finish this “book”, I want to give you each a special gift. If you like to read good books, I will leave behind a copy of each of my 14 books in Eleni’s personal library of mine, sitting atop her cabinet in her office. (I would give her more but I know space is a premium in there and I don’t want her to be crowded out.) But check in and see the choices. Or you can get them all on Amazon and Kindle. (All purchased book proceeds go to Love For His People, Inc., but you could get a free copy from me.)

It has been a joy in serving my Lord Jesus Christ while I have been with all of you, and at the same time being a blessing to the good people of Israel and the nations. Maybe on the way to the airport sometime I’ll stop back in and greet you.

Until then, you still have me here for another seven months.

Be blessed in your calling,

Steve

P.S. Chris will be looking for another office dad. Any candidates?

P.S.S. To those who have the privilege of racking up their credit card purchases each month, please get your reports back to me on time. I know who you are. All 14 of you! I still will be doing them each month, until Eleni hands that off to the next blessed person! J

My contact info:

Love For His People, Inc.   P.O. Box 414  Pineville, NC 28134

USA Non-profit 501(c)3   Fed. ID #27-1633858

E-mail: loveforhispeople@gmail.com and martinlighthouse@gmail.com

Facebook pages: Steve Martin  and  Love For His People       

Twitter: martinlighthous,  LovingHisPeople, LoveHisPeople  and ahavaloveletters

Blogger: http://loveforhispeople.blogspot.com        

YouTube: Steve Martin (loveforhispeopleinc)

Website: www.loveforhispeople.org

Blog: Love For His People website

Love For His People PayPal Gifts (secure giving online): LOVE FOR HIS PEOPLE PayPal account

Steve’s published books. Fourteen and counting!

My home bookcase

 My latest one, published May 22, 2017

Thank you Lord!

  

Steve Martin

Accountant

smartin@charlottecentercity.org

200 S. Tryon Street, Suite 1600  |  Charlotte, NC 28202

P: 704.268.3409  F: 704.342.1233

www.charlottecentercity.org  |  www.findyourcenter.com