This is what really causes recessions, a former top Trump White House economist says
Original Report
Recessions are about shocks, and energy is a prime culprit, Tyler Goodspeed says
Glass House Analysis
Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Air Canada CEO will retire this year after his English-only crash message was criticized
Two pilots died when an Air Canada Jazz flight from Montreal collided with a fire truck on the runway shortly after landing in New York.
Stock market today: Dow rises, S&P 500, Nasdaq slips as war uncertainty drives oil prices higher
Tesla Grew Sales in Europe for the First Time in a Year. Is the Automaker's Stock Set to Soar in 2026?
Private credit fears have ripped through Wall Street in 2026. Why they may be overblown
Recent pain points are significant but belie key differences between now and the great financial crisis.