Marketplace All-in-One Feeling down on the farm
Mar 27, 2026
Kaylee Wells, Marketplace reporter who interviews Ohio farmer Chris Gibbs about rising diesel, fertilizer and parts costs. Mitchell Hartman, Marketplace reporter who maps wartime effects on inflation, energy and recession risk. Courtney Brown, Axios commentator who explains bond market moves and term premium amid fiscal strains. David Gura, Bloomberg journalist who ties equities and bonds to geopolitical shocks. They discuss costs, markets and how conflict reshapes decisions.
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Middle East Conflict Is An Everything Shock
- The Middle East conflict is an everything shock, not just an oil shock, because higher energy costs ripple into transportation, capital, fertilizer and consumer spending.
- David Gura and guests link rising diesel and fertilizer prices to broader supply-chain and inflation pressures that amplify across the economy.
Bond Market Prices War Risk Differently
- Bond yields rose because investors are pricing both higher inflation expectations and a bigger term premium tied to fiscal concerns.
- Courtney Brown says bond investors demand more payment as worries grow about government spending on the war and preexisting fiscal strain.
Four Weeks Of War Raised Recession Risk
- Four weeks of war is already pushing inflation and interest rates higher, denting stocks and raising recession risk if disruptions continue.
- Mitchell Hartman cites higher gas prices, 30-year mortgage rates near 6.5%, and mounting damage that could tip growth into recession.