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Sharkey, Howes & JaverAuthor: Sharkey, Howes and Javer
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Inside the Economy: Cost of Living, Iran Conflict, and Global Markets
Episode 206
Wednesday, 29 April, 2026
This week on Inside the Economy, we assess the cost of living, impact from the Iran conflict, and global markets including global trade. Consumer spending remains positive, yet the pace is beginning to slow alongside a pullback in credit card usage, what could be causing this shift, and could we expect this trend to continue? Historically, wage growth has often differed between high-skilled and low-skilled occupations, with only a few key periods where both moved in tandem. Where are we seeing wage growth trending today, and what does that tell us about the current labor market? As we continue to monitor developments in the Iran conflict, one message has come through clearly—capital markets have appeared resilient. While U.S. stocks have rebounded strongly, how have international equities performed and have they participated in the recovery? Tune in to learn more. Key Takeaways: Crude oil is $95.04 per barrel Colorado ranked 103 in Cost-of-Living Index 2025 Average 30-year mortgage at 6.23%
