On this October 10th, 2025 episode of The Gentle Ledger, markets shuddered under the weight of renewed trade tensions. The Dow fell nearly 2%, the Nasdaq tumbled more than 3%, and the S&P 500 saw its sharpest single-day drop in weeks after fresh tariff threats against China rattled global sentiment. Gold held strong above $4,000 as investors sought safety, while oil weakened and Treasury yields slipped on risk aversion. Bitcoin and Ethereum joined the retreat, caught in a wave of liquidations that rippled through crypto markets. In tonight’s slow, reflective narration, we trace the contours of this turbulent day — a reminder of how swiftly confidence can turn, and how even in market storms, stillness can be found.