{"id":240050,"date":"2026-03-10T11:00:07","date_gmt":"2026-03-10T15:00:07","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=240050"},"modified":"2026-03-11T03:27:46","modified_gmt":"2026-03-11T07:27:46","slug":"keeping-long-term-perspective-as-the-iran-conflict-continues","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/","title":{"rendered":"Keeping long-term perspective as the Iran conflict continues"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\">Key takeaways<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-historical-context\">Historical context<\/h3>\n\n\n\n<p>When geopolitical conflicts emerge, the first step is to step back and consider history to establish context.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-economic-indicators\">Economic indicators<\/h3>\n\n\n\n<p>Today, the US economy remains in a relative position of strength, according to recent leading indicators.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-hedging-risks\">Hedging risks<\/h3>\n\n\n\n<p>Exposure to oil and other commodities may help hedge the risks of a prolonged closure of the Strait of Hormuz.<\/p>\n\n\n\n<p>Never talk to a pitcher during a no-hitter. I\u2019m not one to believe in jinxes, but this is a superstition that I follow. I made a similar comment a week ago as our team was reaffirming the views we\u2019d laid out in our 2026 outlook, which we began composing in the fall. At the time, the global economy had solid momentum,<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#1\">1<\/a><\/sup>&nbsp;<a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/what-is-inflation-fed-measure.html\">inflation<\/a>&nbsp;appeared contained,<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#2\">2<\/a><\/sup>&nbsp;and the&nbsp;<a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/what-is-federal-reserve-inflation.html\">Federal Reserve<\/a>&nbsp;(Fed) looked poised to lower&nbsp;<a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/what-is-interest-rate.html\">interest rates<\/a>&nbsp;after most of the rest of the world had already begun to ease. The conclusions we came to in our outlook appeared straightforward. We favored cyclical sectors, mid- and small-cap stocks, and non-US dollar assets. Two months don\u2019t make a year, but as of February 27, our calls were on point,<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#3\">3<\/a><\/sup>&nbsp;confidence was building, and the proverbial no-hitter was underway. But on February 28, the conflict involving Iran began and threw a curveball.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-past-military-conflicts-meant-for-markets\">What past military conflicts meant for markets<\/h2>\n\n\n\n<p>When&nbsp;<a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/military-conflicts-have-not-derailed-long-term-growth-stocks.html\">geopolitical conflicts<\/a>&nbsp;emerge, the first step is to step back and consider history to establish context. Often, stock markets have delivered positive returns in the year following major conflicts.<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#4\">4<\/a><\/sup>&nbsp;The 1991 Gulf War and the 2003 war between the US and Iraq are often-cited examples.<\/p>\n\n\n\n<p>Investors sometimes point to the Yom Kippur War in 1973 or the start of the Russia-Ukraine war in 2022 as cases where markets were lower a year later. In both of those instances, however, the economy was entering the conflict from a position of weakness. In each case, US inflation was above 7% at the outset.<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#5\">5<\/a><\/sup>&nbsp;Policy tightening has tended to end business cycles. Geopolitical shocks usually don\u2019t.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-us-economy-at-the-start-of-the-conflict\">US economy at the start of the conflict<\/h2>\n\n\n\n<p>Today, we believe the US economy remains in a relative position of strength. Leading indicators released this week, including the ISM&nbsp;<a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/what-is-purchasing-managers-index-pmi.html\">Purchasing Managers Manufacturing and Services indexes<\/a>, showed services continuing to lead and manufacturing recovering toward expansionary territory.<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#6\">6<\/a><\/sup>&nbsp;Prices paid within manufacturing were elevated, as expected in an environment shaped by tariffs,<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#7\">7<\/a><\/sup>&nbsp;but broader inflation expectations remained contained.<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#8\">8<\/a><\/sup>&nbsp;That containment likely gives the Fed room to lower interest rates.<\/p>\n\n\n\n<p>Hiring data for February was weak, influenced by winter storms and disruptions in the health care sector, but the more important signal was the absence of rising layoffs.<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#9\">9<\/a><\/sup>&nbsp;A labor market that is weakening but not collapsing keeps monetary policy in play. Taken together, the data likely continue to support risk assets in our view.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-implications-of-iran-conflict-nbsp\">Implications of Iran conflict&nbsp;<\/h2>\n\n\n\n<p>As we worked through the implications, one scenario stood out as particularly concerning and not implausible. It involved a prolonged closure of the Strait of Hormuz, a widening conflict that materially disrupted energy production across Gulf states, including Saudi Arabia and Qatar, and a sustained increase in oil and natural gas prices. We\u2019d expect such an outcome to undermine economic activity and push inflation higher. The keywords are prolonged and sustained. No one knows how long the current situation will last. At the same time, most investors operate with a time horizon that\u2019s likely to extend well beyond any temporary disruption in energy markets.<\/p>\n\n\n\n<p>There are also clear and established ways to help hedge these risks. Exposure to oil and natural gas may help offset higher energy prices. Other commodities transported through the Strait of Hormuz, including aluminum and grains, may play a similar role. Gold may potentially serve as a hedge against geopolitical risk, and the US dollar may strengthen in periods of global stress. It\u2019s entirely reasonable for investors to manage and hedge these risks within their portfolios.<\/p>\n\n\n\n<p>And yet, we still don\u2019t see the typical signals that mark the end of a business cycle. For example, credit spreads remain tight.<sup><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html#10\">10<\/a><\/sup>&nbsp;The outlook may not feel as comfortable as it did a week ago, and we are looking closely for signs of strain in our preferred indicators.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-keeping-a-long-term-view\">Keeping a long-term view<\/h2>\n\n\n\n<p>The outlook for the year ahead may not feel as comfortable as it did a week ago, and we\u2019re looking closely for signs of strain in our preferred indicators. For now, we hedge risks where appropriate, stay disciplined, and remind ourselves that&nbsp;<a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/investor-angst-market-endurance.html\">long-term investing<\/a>&nbsp;requires sticking with a plan even when the crowd gets nervous.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-what-to-watch-this-week\">What to watch this week<\/h4>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th class=\"has-text-align-left\" data-align=\"left\"><strong>Date<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Region<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Event<\/strong><\/th><th class=\"has-text-align-left\" data-align=\"left\"><strong>Why it matters<\/strong><\/th><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">March 9<\/td><td class=\"has-text-align-left\" data-align=\"left\">China<\/td><td class=\"has-text-align-left\" data-align=\"left\">Consumer Price Index (CPI) release<\/td><td class=\"has-text-align-left\" data-align=\"left\">Key inflation data affecting global markets<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">&nbsp;<\/td><td class=\"has-text-align-left\" data-align=\"left\">Japan<\/td><td class=\"has-text-align-left\" data-align=\"left\">Gross domestic product (GDP) figures<\/td><td class=\"has-text-align-left\" data-align=\"left\">Economic growth indicator<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">March 10<\/td><td class=\"has-text-align-left\" data-align=\"left\">US<\/td><td class=\"has-text-align-left\" data-align=\"left\">Existing home sales (Feb.)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Housing market indicator<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">March 11<\/td><td class=\"has-text-align-left\" data-align=\"left\">Germany<\/td><td class=\"has-text-align-left\" data-align=\"left\">CPI release<\/td><td class=\"has-text-align-left\" data-align=\"left\">Inflation gauge<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">&nbsp;<\/td><td class=\"has-text-align-left\" data-align=\"left\">UK<\/td><td class=\"has-text-align-left\" data-align=\"left\">Bank of England inflation report hearings<\/td><td class=\"has-text-align-left\" data-align=\"left\">Monetary policy insights<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">&nbsp;<\/td><td class=\"has-text-align-left\" data-align=\"left\">US<\/td><td class=\"has-text-align-left\" data-align=\"left\">CPI (Feb.)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Key inflation data<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">March 12<\/td><td class=\"has-text-align-left\" data-align=\"left\">UK<\/td><td class=\"has-text-align-left\" data-align=\"left\">Bank of England Governor speech<\/td><td class=\"has-text-align-left\" data-align=\"left\">Policy signals<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">&nbsp;<\/td><td class=\"has-text-align-left\" data-align=\"left\">US<\/td><td class=\"has-text-align-left\" data-align=\"left\">Producer Price Index (PPI)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Producer inflation<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">March 13<\/td><td class=\"has-text-align-left\" data-align=\"left\">Canada<\/td><td class=\"has-text-align-left\" data-align=\"left\">Labor market data (Feb.)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Employment conditions<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">&nbsp;<\/td><td class=\"has-text-align-left\" data-align=\"left\">US<\/td><td class=\"has-text-align-left\" data-align=\"left\">GDP Q4 secondary estimate<\/td><td class=\"has-text-align-left\" data-align=\"left\">Economic growth view<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">&nbsp;<\/td><td class=\"has-text-align-left\" data-align=\"left\">US<\/td><td class=\"has-text-align-left\" data-align=\"left\">Core Personal Consumption Expenditures (PCE)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Inflation measure<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">&nbsp;<\/td><td class=\"has-text-align-left\" data-align=\"left\">US<\/td><td class=\"has-text-align-left\" data-align=\"left\">Michigan Consumer Sentiment Index<\/td><td class=\"has-text-align-left\" data-align=\"left\">Consumer outlook<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted on March 9, 2026 <\/p>\n\n\n\n<p><a href=\"https:\/\/www.invesco.com\/us\/en\/insights\/long-term-perspective-iran-conflict-continues.html\" target=\"_blank\" rel=\"noreferrer noopener\">Keeping long-term perspective as the Iran conflict continues<\/a> by Invesco US<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways Historical context When geopolitical conflicts emerge, the first step is to step back and consider history to establish context. Economic indicators Today, the US economy remains in a relative position of strength, according to recent leading indicators. Hedging risks Exposure to oil and other commodities may help hedge the risks of a prolonged [&hellip;]<\/p>\n","protected":false},"author":177,"featured_media":226304,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[18,6,8,9,26,3],"tags":[],"contributors-categories":[13606],"class_list":{"0":"post-240050","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-macro","8":"category-north-america","9":"category-region","10":"category-securities","11":"category-text-articles","12":"category-traders-insight","13":"contributors-categories-invesco-us"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Keeping long-term perspective as the Iran conflict continues<\/title>\n<meta name=\"description\" content=\"When geopolitical conflicts emerge, the first step is to step back and consider history to establish context.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/240050\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Keeping long-term perspective as the Iran conflict continues | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"When geopolitical conflicts emerge, the first step is to step back and consider history to establish context.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-10T15:00:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-11T07:27:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/06\/iran-usa-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Brian Levitt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Brian Levitt\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Brian Levitt\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/6daab70f2e82fc7d3351e2e1486259c8\"\n\t            },\n\t            \"headline\": \"Keeping long-term perspective as the Iran conflict continues\",\n\t            \"datePublished\": \"2026-03-10T15:00:07+00:00\",\n\t            \"dateModified\": \"2026-03-11T07:27:46+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/\"\n\t            },\n\t            \"wordCount\": 918,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/06\\\/iran-usa-featured-img.jpg\",\n\t            \"articleSection\": [\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/\",\n\t            \"name\": \"Keeping long-term perspective as the Iran conflict continues | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/06\\\/iran-usa-featured-img.jpg\",\n\t            \"datePublished\": \"2026-03-10T15:00:07+00:00\",\n\t            \"dateModified\": \"2026-03-11T07:27:46+00:00\",\n\t            \"description\": \"When geopolitical conflicts emerge, the first step is to step back and consider history to establish context.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/keeping-long-term-perspective-as-the-iran-conflict-continues\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/06\\\/iran-usa-featured-img.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/06\\\/iran-usa-featured-img.jpg\",\n\t            \"width\": 1000,\n\t            \"height\": 563\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/6daab70f2e82fc7d3351e2e1486259c8\",\n\t            \"name\": \"Brian Levitt\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/brian-levitt\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Keeping long-term perspective as the Iran conflict continues","description":"When geopolitical conflicts emerge, the first step is to step back and consider history to establish context.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/240050\/","og_locale":"en_US","og_type":"article","og_title":"Keeping long-term perspective as the Iran conflict continues | IBKR Campus US","og_description":"When geopolitical conflicts emerge, the first step is to step back and consider history to establish context.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/","og_site_name":"IBKR Campus US","article_published_time":"2026-03-10T15:00:07+00:00","article_modified_time":"2026-03-11T07:27:46+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/06\/iran-usa-featured-img.jpg","type":"image\/jpeg"}],"author":"Brian Levitt","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Brian Levitt","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/"},"author":{"name":"Brian Levitt","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/6daab70f2e82fc7d3351e2e1486259c8"},"headline":"Keeping long-term perspective as the Iran conflict continues","datePublished":"2026-03-10T15:00:07+00:00","dateModified":"2026-03-11T07:27:46+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/"},"wordCount":918,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/06\/iran-usa-featured-img.jpg","articleSection":["Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/","name":"Keeping long-term perspective as the Iran conflict continues | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/06\/iran-usa-featured-img.jpg","datePublished":"2026-03-10T15:00:07+00:00","dateModified":"2026-03-11T07:27:46+00:00","description":"When geopolitical conflicts emerge, the first step is to step back and consider history to establish context.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/keeping-long-term-perspective-as-the-iran-conflict-continues\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/06\/iran-usa-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/06\/iran-usa-featured-img.jpg","width":1000,"height":563},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/6daab70f2e82fc7d3351e2e1486259c8","name":"Brian Levitt","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/brian-levitt\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/06\/iran-usa-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/240050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/177"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=240050"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/240050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/226304"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=240050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=240050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=240050"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=240050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}