Denison Forum
Dr. Jim Denison
The Bible tells us, “Do not be anxious about anything” (Philippians 4:6). If you think this seems especially hard to do these days, you’re not alone. 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.
Reciprocal tariffs begin tomorrow, with China’s retaliatory tariffs set for Thursday. No one knows what the rest of the week holds.
All of this has a cumulative force that outweighs even the individual parts. The Wall Street Journal writes: “No American president has disrupted so many aspects of the nation’s daily life as President Trump has in less than three months in office. . . . He has moved with astonishing speed to enact an immigration crackdown, cut the federal workforce, and demolish federal agencies.” More Here
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