Hey, this is Joe at the Poorover.

And this is Zan at the Porover.

Today, we're talking about Wall Street's response to Trump's latest tariffs, mass protests against Trump and Elon Musk,

hockey records set, and basketball's final four results, and other top news for Monday, April 7th. Stay informed while remaining focused on Christ with the pour over today.

Here's your verse of the day. This is how we know what love is.

Jesus Christ laid down his life for us, and we ought to lay down our lives for our brothers and sisters.

1 John 316. Let's get started with some espresso shots.

Wall Street got mauled last week. President Trump's fresh batch of tariffs and China's announcement

of a 34% retaliatory tariff on all U.S. products spooked investors.

The NASDAQ slipped into bare territory Thursday, meaning it's down 20% from its peak.

The S&P 500 posted its worst week since 2020, and the Dow fell more than 1,500 points on two consecutive

days for the first time ever.

In total, over $6 trillion in value was lost.

Fed Chairman Powell said the tariffs' economic impacts will likely be, quote,

significantly larger than expected and cause at least a temporary rise in inflation, end quote.

For now, the Fed is maintaining its weight and see approach on interest rates.

Trump urged Powell to, quote-unquote, stop playing politics and cut rates immediately.

Meanwhile, the U.S. added a better than expected 228,000 jobs in March, and unemployment

ticked up to 4.2% from 4.1%. No matter what happens to the economy, God will remain in control.

In the midst of uncertainty on earth, set your hope on the abundance we will enjoy with Christ when he comes.

1. Peter 1. 3 through 4 says,

Blessed be the God and Father of our Lord Jesus Christ.

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