Stocks fall, soar on “fake news,” then fall again: The paradoxical way to “find grace to help in time of need”
Stocks ended lower again yesterday after a tumultuous day. The Dow plunged 1,700 points, then suddenly surged to a gain of nearly 900 points following a false rumor that President Trump was considering a ninety-day pause on his tariffs. After the White House labeled this “fake news,” stocks turned back down. Mr. Trump then threatened to raise tariffs further against China. If this world were enough, it would mean that I was made for this world and nothing else. And that would be bad news, indeed.
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