Your portfolio probably isn't ready for the Iran conflict's escalation Gasoline prices above $4 a gallon generally prompt the White House to change behavior. Iran has an interest in prolonging the economic and political pain to convince Trump to retreat. It does not have an interest in getting bombed into the Stone Age. America's "goldilocks" economy is over. The next seven days of the Iran conflict will set the stage for stagflation or global recession. Since the U.S.-China trade truce in Geneva last May, the U.S. unemployment rate stabilized at 4.4%. Inflation fell to 2.4%, albeit higher than the Federal Reserve's ... (full story)