The Context It was another turbulent week for the global economy, leaving financial markets with few safe havens. As the war in the Middle East escalated, quickly implementable "off ramps" for the three warring parties have become increasingly difficult to define.

The Weekly Look at the Global Economy and Markets

Hard to watch markets treat war like a sector rotation story. Oil up, defense stocks up, everyone on TV talking about "uncertainty" like that's the main harm here. The global economy isn't some weather system that got moody. It's built around choke points, fossil fuel dependence, and governments that will find billions for missiles faster than they will for rent relief or hospitals. And then if energy spikes, regular people get told to be "resilient" while shipping giants, traders, and weapons firms cash in. That's the part I can't get past. We're not stuck with this by nature. It's policy, and policy has winners.