Some follow the noise.

Bloomberg follows the money.

Because behind every headline is a bottom line.

Whether it's the funds fueling AI or crypto's trillion dollar swings,

there's a money side to every story.

And when you see the money side, you understand what others miss.

Get the money side of the story.

Subscribe now at Bloomberg.com.

Okay, so let's unpack this new report from the Catholic Church about homosexuality.

What is it?

What it is not what it means?

I mean, it's very confusing as a devout Catholic, probably even more confusing for Christians who are not Catholic, who don't

always understand the inner workings of the Catholic Church. A lot of Catholics don't even

understand the inner workings of the Catholic Church. So let's break this down. What we are talking about

today is called a synodal report,

a report from a synod. It's a specific study group within this synod. What is a synod? What is a,

what is a sonodal report? It's essentially an advisory committee that it's an advisory committee

that gives pastoral advice to the pope.'ll we'll we'll we'll sit right there

with that for a moment before we move on the controversial part of this one is on homosexuality okay so

what a what a synod is this is an effort that was established first by pope francis this particular

synod it was then continued by pope leo which is what we're seeing today. And I think

the best way that I can think of to describe to you, and again, I'm not an apologist. I'm not a, I'm not a theologian. I'm just a devout Catholic myself. The best way I can think of to describe what a synod is, is first to tell you what it is not. A synod is not church doctrine. one of these documents from a synod is not church dogma.

...