Kresta in the Afternoon – December 10, 2019 – Hour 2

+  Economic Roundup - Job Market Continues to Look Strong

  • Description: There are a lot of good things to say about the employment numbers for the month of November, which were released late last week. Employers added about 266,000 jobs and the unemployment rate has fallen to 3.5%, its lowest since 1969. We'll take a look at the numbers with George Schwartz.
  • Segment Guests:
    • George Schwartz
      George Schwartz is the Founder, Chairman and CEO of Schwartz Investment Counsel and the Chairman and CEO of Ave Maria Mutual Funds. His newest book is "In God We Trust: Morally Responsible Investing." Visit and
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    • In God We Trust: Morally Responsible Investing

      This book is both timely and timeless. In God We Trust delves deeply into current economic and market developments and reflects on how U.S. prosperity has returned in 2018, as capitalism has again been unleashed. The author says, "What a relief after eight years of economic stagna­tion and government over-regulation." Oddly, as the U.S. economy has benefited from pro-growth policies, like tax rate cuts and deregulation, there exists a rising tide of sympathy for socialism among leftist politicians and young people. This timeless divide between capitalism and socialism is explored within the context of the economic and moral ramifications for society in general and long-term investors, specifically. Readers with historical perspective will appreciate the logic of what should be obvious, i.e. that socialism has never worked anywhere on earth. Or aptly put by President Ronald Reagan, "Socialism can only work in two places, heaven where they don't need it, and hell where they already have it." This book is about participating in the capital markets while avoiding morally objectionable businesses. As a lover of the free enterprise system and a portfolio manager,  George Schwartz chronicles how Morally Responsible Investing is helping long-term investors put their money to work in accordance with their moral beliefs. His firm manages Ave Maria Mutual Funds, which were founded in 2001. These pro-life and pro-family mutual funds have attracted over 100,000 shareholders, who have invested more than $2.2 billion in five separate award-winning mutual funds. (learn more)

+  A Miracle I Didn't Know I Needed (2 segments)

  • Description: Marygrace Tucker was 23 years old, on the verge of her senior year of college, when she discovered she was pregnant. She responded to the doctor's congratulations with a blank look - how could this be a good thing? She wasn't sure what to do but was able to lean on her parents for strength and support. She shares her story.
  • Segment Guests:
    • Marygrace Tucker
      Marygrace Tucker is a practicing Catholic and young mother to a beautiful baby girl, Ariana Hope. Music and nature are like therapy to her, and she spends every chance she gets playing guitar or ukulele and singing. In addition, she absolutely loves collecting and growing plants. However, her biggest passion is helping women and young girls realize the beauty in every pregnancy and guiding them as they bring new life into this world.
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