We're Living In a New Age of Economic Warfare Says Fishman
Original Report
Wall Street traders paced a rebound in stocks as an oil rally waned after Israel agreed to direct talks with Lebanon, bolstering expectations that a US ceasefire deal will hold. The US and Iran...
Wall Street traders paced a rebound in stocks as an oil rally waned after Israel agreed to direct talks with Lebanon, bolstering expectations that a US ceasefire deal will hold. The US and Iran prepared for peace talks in Pakistan after agreeing on a two-week ceasefire, though issues such as Israel’s offensive in Lebanon and the opening of Hormuz remain unresolved. Israeli Prime Minister Benjamin Netanyahu agreed to hold direct talks with Lebanon, with the focus on disarming Hezbollah. President Donald Trump has called him, asking for a scale-back in strikes to ensure the success of negotiations with Iran, NBC reported. Ed Fishman, Director of the Center for Geoeconomics, Council on Foreign Relations joins Bloomberg Businessweek Daily to discuss the economic impact on the globe. (Source: Bloomberg)
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
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
You have until April 15 to get this $8,000 Roth IRA freebie — no matter what your income
All U.S. taxpayers have until tax day — Wednesday, April 15 — to take advantage of the Roth IRA tax break for 2025, even if they think they earn too much.
Here’s how much money Iran can make charging tolls on one-fifth of the world’s seaborne oil
Iran doesn’t stand to make much money with traffic through the Strait of Hormuz nearly at a standstill, but it can rake in billions in Chinese yuan, or hundreds of millions in U.S. dollars per month,...
How Prediction Markets Turned the World Into a Casino
As billions pour into platforms such as Kalshi and Polymarket, the line between betting and trading is rapidly disappearing.
With Artemis II, NASA Readies the Lunar Economy
Need a little ‘moon joy’? NASA just circled the moon in its record-breaking Artemis mission. Big Take guest host Stacey Vanek Smith and Bloomberg global space reporter Loren Grush talk about what it...