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Bloomberg MarketsIran War Shows Limits of High-end Air Defense, Anduril Exec SaysFinancial TimesUS states sue Trump administration over new tariffsFederal ReserveAgencies clarify the capital treatment of tokenized securitiesFinancial TimesTrump fires controversial homeland security secretary NoemBloomberg MarketsSaudi Arabia Hikes Oil Prices to Asia as Iran War Roils MarketBloomberg MarketsKristi Noem Out at DHS After Months of ControversyBloomberg MarketsHomeowners Stay Put, Stifling US Housing MarketBloomberg Markets'Tricky Environment' for Markets: SondersFinancial TimesUS oil hits highest price since 2024 as Middle East war escalatesBloomberg MarketsWall Street Assessing War Risks to US Economy, Homeowners Stay Out | Bloomberg Markets 3/5/2026Bloomberg MarketsRBC Almost Doubled McKay’s Short-Term Bonus on Record YearFinancial TimesGreg Abel starts Berkshire’s first share buyback of post-Buffett eraBloomberg MarketsMassive Warehouse Fire Breaks Out in MiamiFinancial TimesIran turns to cheap drones as US and Israel target missile launchersFinancial TimesThousands flee Beirut after sweeping Israeli evacuation orderBloomberg MarketsIran War Shows Limits of High-end Air Defense, Anduril Exec SaysFinancial TimesUS states sue Trump administration over new tariffsFederal ReserveAgencies clarify the capital treatment of tokenized securitiesFinancial TimesTrump fires controversial homeland security secretary NoemBloomberg MarketsSaudi Arabia Hikes Oil Prices to Asia as Iran War Roils MarketBloomberg MarketsKristi Noem Out at DHS After Months of ControversyBloomberg MarketsHomeowners Stay Put, Stifling US Housing MarketBloomberg Markets'Tricky Environment' for Markets: SondersFinancial TimesUS oil hits highest price since 2024 as Middle East war escalatesBloomberg MarketsWall Street Assessing War Risks to US Economy, Homeowners Stay Out | Bloomberg Markets 3/5/2026Bloomberg MarketsRBC Almost Doubled McKay’s Short-Term Bonus on Record YearFinancial TimesGreg Abel starts Berkshire’s first share buyback of post-Buffett eraBloomberg MarketsMassive Warehouse Fire Breaks Out in MiamiFinancial TimesIran turns to cheap drones as US and Israel target missile launchersFinancial TimesThousands flee Beirut after sweeping Israeli evacuation order
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MarketWatch Top Storiesmarkets

Investors betting on international stocks trouncing the U.S. are getting a rude awakening from the Iran conflict

MarketWatch Top Stories
Thursday, March 5, 2026 at 7:53 PM
~4 min read
InflationEquitiesEnergy

Original Report

The outperformance of international stocks is faltering as oil prices climb to $80 barrel.

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

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.

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