With tensions rising in the Middle East and concerns growing over oil supply, many Americans are wondering what the latest developments mean for the economy — and financial expert Carol Roth may have some answers.
“It’s difficult to have mobility in this economy right now, and it’s, you know, sort of a tough thing for everyday people to deal with,” BlazeTV host Stu Burguiere tells Roth, noting that recent developments in Iran are affecting not only the price of gas, but food prices.
“How should we be thinking of this right now, Carol?” Stu asks.
“So, I think that we should be thinking that we hope that there is a short end to this conflict both from a moral and human perspective as well as from an economic perspective,” Roth explains.
“There’s a lot of uncertainty. There’s a lot of risk, and we don’t know what the duration is going to be. And so as that information comes out and then gets, you know, kind of extrapolated and increased by algorithmic trading and hedge funds, you see a lot of volatility, but we’ve seen that somewhat normalized,” she says.
“The challenge is that, you know, a lot of the tampering of inflation … had a lot to do with the fact that oil had been in a very good and attractive place, particularly for consumers. Maybe not as much for producers, but at least for consumers,” she continues.
Roth believes that in order to combat these issues for everyday Americans, the Trump administration needs to focus on things like small businesses.
“I’d like to see more policies that remove barriers. If you remove barriers, particularly from small businesses, they are the biggest job creators and drivers. They’re also, by the way, the ones who are going to be least susceptible to AI changes,” Roth tells Stu.
“And so, that would be a really good and easy thing to do,” she adds.
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