The ongoing conflicts between Russia and Ukraine, as well as Israel and Hamas, have had a wide-ranging impact across multiple sectors. Two in particular that are extra concerning are the global supply chain and inflation. Gillian Tett, The Financial Times Editorial Board Chair, joined Yahoo Finance to discuss how the ongoing conflicts can exacerbate current economic headwinds. Tett explains that in recent years, companies have been adding intermediaries to their supply chain, rather than a "one-step supply chain pattern" where they bought directly from China, and instead "inserts a whole new number of new suppliers and new parts of the supply chain, making it ironically, much longer and more complex. One thing we know from everywhere in the business world, whether it's in medicine or finance or manufacturing, the more supplies you put into a chain... the greater the chance of higher prices." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Read more --->