Reacting to headlines?

Speculation about trade wars dominated the morning headlines. Within hours a massive sell-off caused a major stock indicator to tumble over five hundred points. The next day, fear of trade wars subsided, and the economy roared back into the news, this time because of an equally fast and robust recovery. This roller coaster ride continued, playing itself out over the following weeks.

A financial reporter asked one of the analysts on the floor of the stock exchange to explain the dramatic swings. “We’re running on a lot of headlines,” he said. Emotion and fear were driving things.

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Bible Lens
Bible Lens—July 23–29, 2018
July 23, 2018
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