Benjamin Bailey, CFA®, Praxis Mutual Funds® Vice President of Investments, joined host John Coleman for October’s Faith Driven Investor Marks on the Market podcast: Standing Tall During the Recent Downturn.
Bailey joined with other leaders in the faith-based investing field to discuss what faith investors need to know about the markets. This is the first time Praxis has been featured on the Faith Driven Investor podcast.
On the podcast, Bailey discussed the Fed’s recent interest rate increases, the current state of the bond market and faith integration in fixed income markets.
Bailey notes that faith-based investors have the unique opportunity to integrate their faith with their investments by investing in the fixed income markets. Bailey gave an example from earlier this year, when Praxis bought a bond in which the proceeds are used to supply clean water and sanitation for 5 million people in Southeast Asia and Africa. Matthew 25:35 says, “I was thirsty and you gave me something to drink.”
Bonds can offer the real, direct impact that faith-based investors are looking for. Check out the full Oct. 3, 2022 conversation from the Faith Driven Investor podcast here.