Is the Pope short social media stocks?

While we seriously doubt that he is, it's worth noting Pope Francis' continuing admonitions, especially to the world's youth, to eschew the ubiquitous trappings of technology and moderate the time they spend online. According to a report from Reuters on Wednesday, the 77-year-old Argentine-born pontiff told a group of German altar servers, "Maybe many young people waste too many hours on futile things. Our life is made up of time, and time is a gift from God, so it is important that it be used in good and fruitful actions."

The pope, who made social media news himself last year when he appeared on his own Twitter account, also referred to the Internet during the speech as, "a gift from God." But he added that all the hype and frivolous dreck that make up a lot of the content of social media and web traffic needs more reflection in order to become "a network not of wires but of people."