White House Shrugs Off Shaky Economy

“Roughly seven weeks into the war with Iran, investors have shrugged off the sky-high price of oil, sending the S&P 500 this week to a fresh record high,” the New York Times reports.

“That exuberance on Wall Street has offered a sharp contrast with the hardships facing many Americans, who are feeling the financial blowback of a conflict that President Trump once promised would be brief but seems to have no end in sight.”