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The Daily Article

President Trump pauses tariffs, markets surge

The Daily Article

The Denison Forum

Christianity, News, Daily News, Religion & Spirituality

4.9576 Ratings

🗓️ 10 April 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

Share your story of how content from Denison Forum has impacted you!

President Trump announced yesterday a ninety-day pause on higher tariffs for dozens of countries while hiking levies on China to 125 percent. The Dow Jones surged nearly three thousand points on the news for its largest rally in five years. The recent volatility of an economy most of us have no way to influence highlights the degree to which you and I have no control over our lives. Having faith helps us respond to our challenges only if the object of that faith is able to respond to our challenges. Otherwise, misplaced faith does more harm than good.

About Denison Forum and The Daily Article

Today's Daily Article was written by Dr. Jim Denison and narrated by Chris Elkins. You can read this article on our website. You may also receive it in your inbox by subscribing to our newsletter.

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Yesterday was the anniversary of the 1945 martyrdom of Dietrich Bonhoeffer. Read the article Dr. Denison wrote for the occasion.

Transcript

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0:00.0

Greetings. It's Thursday, April 10th, 2025. Welcome to Denison Forum's Daily Article podcast.

0:10.0

I'm Chris Elkins, narrating today's daily article written by our co-founder and CEO, Dr. Jim Denison.

0:18.2

President Trump announced yesterday a 90-day pause on higher tariffs for dozens of countries

0:25.1

while hiking levies on China to 125%. The Dow Jones surged nearly 3,000 points on the news for

0:34.2

its largest rally in five years. The NASDAQ composite jumped more than 12% as well.

0:40.9

Its second best day ever, the S&P 500 had its biggest one-day gain in 17 years.

0:48.1

About 30 billion shares traded hands,

0:51.0

comprising the heaviest volume day on Wall Street in history. World markets soared this

0:57.0

morning as well, with Japan's benchmark jumping more than 9%. The recent volatility of an economy,

1:03.7

most of us have no way to influence, highlights the degree to which you and I are, quote,

1:09.2

catching and not pitching in the modern world. Think about it. How

1:13.1

much of your life is under your direct control? Do you personally determine your income? Do you

1:19.2

grow your own food and chop your own firewood for heat? Can you fix your car if it breaks down? Can

1:25.7

you treat yourself if you get really sick? If the world made

1:29.5

your life an island, how long and how well would you live on it? We all want to believe we're in

1:35.5

charge of our lives, a quote, willed power impulse from Genesis 3-5 that goes back to the

1:41.6

Garden of Eden and the temptation to be our own God.

1:45.5

Advertisers know this, which is why they pitch us products and services

1:49.6

that claim to help us control our finances, circumstances, health, and happiness.

1:54.8

But the next downturned disaster, illness, or disappointment will pull back the curtain on our illusion.

2:02.0

The roof collapse at a Dominican Republic nightclub that killed at least 184 people,

2:07.7

including two former Major League baseball players, is a tragic metaphor for our times.

...

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