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Wall Street appears tired of the whiplash; despite a reduction in tariffs (which investors typically like), the S&P 500 fell 1.8% yesterday, and the Dow dropped 1%.
CHRISTIAN PERSPECTIVE
Too often, we let eternally insignificant things like the ups and downs of the market control us. Seeking to steward money well is a good thing, but keep your focus on the Giver rather than the gifts.
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“For you know the grace of our Lord Jesus Christ: Though he was rich, for your sake he became poor, so that by his poverty you might become rich.” 2 Corinthians 8:9 (CSB) (read full passage)
Fighting rages on as Ukraine’s allies weigh options for peace.
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Russia has intensified long-range missile attacks on Ukraine since Friday, an uptick that coincides with the U.S.’s pause on sharing military aid and intelligence—including satellite technology used for air defense—with Ukraine until it sees peace progress.
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In response to Russia “absolutely pounding Ukraine,” President Trump announced he’s “strongly considering” piling more sanctions and tariffs on Russia. However, Ukrainian President Zelenskyy is skeptical, saying every Russian attack proves sanctions don’t work.
RADIATE HOPE
As we mourn violence and pray for peace around the world, believers are reminded of how good the news is of Jesus’s coming kingdom. His Spirit offers supernatural peace in our hearts today, and his return promises peace in a renewed earth forever.
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“‘For I will create new heavens and a new earth… The wolf and the lamb will feed together, and the lion will eat straw like cattle, but the serpent’s food will be dust! They will not do what is evil or destroy on my entire holy mountain,’ says the Lord.”
Isaiah 65:17, 25 (CSB) (read full passage)
Official causes of death have been issued for actor Gene Hackman and his wife, Betsy Arakawa.
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After initial confusion about whether or not their deaths were suspicious, autopsies indicated that 65-year-old Arakawa died on February 11 due to Hantavirus pulmonary syndrome—an infection caused by airborne rodent contamination—and 95-year-old Hackman passed away seven days later from heart disease, “with Alzheimer's disease as a significant contributory factor.”
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Authorities say they discovered signs of rodent entry in the couple’s Santa Fe home, but Hackman tested negative for Hantavirus. Given his cognitive state, authorities believe Hackman was unaware of his wife’s death, leading him to stay in their 9,000-square-foot home without seeking assistance.
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Police found the couple’s bodies, along with their deceased dog—which had been left in its cage—in separate rooms of their house on February 26.
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CHRISTIAN PERSPECTIVE
Death is all around us, and the darkness weighs heavily on our hearts and our world. But believers have hope because Emmanuel is present with us in the darkness, and our Living God has removed the sting of death so that it’s powerless against those who love him.
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“‘Death has been swallowed up in victory. Where, death, is your victory? Where, death, is your sting? The sting of death is sin, and the power of sin is the law. But thanks be to God, who gives us the victory through our Lord Jesus Christ! Therefore, my dear brothers and sisters, be steadfast, immovable, always excelling in the Lord’s work, because you know that your labor is not in vain.”
1 Corinthians 15:54-58 (CSB) (read full passage)
In an interview on Sunday, President Trump didn’t rule out a recession; instead, predicting a “period of transition” as his policies take effect. Commerce Secretary Lutnick pushed back, insisting Americans should “absolutely not” brace for a recession and framing tariffs as part of a broader economic strategy that will bring American prosperity.
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Investors were still spooked; Monday was the Nasdaq’s worst day since 2022.
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The stock sell-off continued yesterday amid more trade uncertainty. Ontario’s premier—the leader of Canada’s most populous province—implemented (then paused) a 25% electricity surcharge on 1.5 million U.S. homes and businesses in retaliation for U.S. tariffs. President Trump re-retaliated by threatening (then unthreatening) to double tariffs on Canadian steel and aluminum from 25% to 50%. The Dow closed down 1.1%.
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Verse to consider whether the broader economy is struggling or thriving… “Don’t neglect to do what is good and to share, for God is pleased with such sacrifices.”
Hebrews 13:16 (CSB) (read full passage)