US Premarket Movers: Best Buy, Exxon, MongoDB, Surgery Partners
Original Report
S&P 500 Index futures are down 1.4% as of 7:35 a.m. in New York as the war in Iran enters its fourth day, heightening fears of a lengthy disruption to energy markets and a surge in inflation.
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.
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
Trump has less than 30 days to end the Iran conflict or he’ll lose his inflation battle
Markets expect a “Venezuela II” scenario in which the bad guy falls, order returns and oil drifts lower.
Iran war live updates: Israel boosts southern Lebanon forces; drones hit U.S. embassy in Riyadh as oil, dollar rise
Follow the latest news after the U.S. and Israel launched a massive attack on Iran that killed Iran's Supreme Leader Ayatollah Ali Khamenei.
Dow drops 1,100 points as oil surges, bond yields climb in response to deepening Iran conflict: Live updates
Traders watched rising geopolitical tensions and worried the U.S.-Iran conflict could go on longer than anticipated.