James Kostohryz breaks down his top-down approach as a macro-oriented investor (1:30). Israel, Iran and oil price spikes (13:15). Why are markets underpricing this risk (30:00)? FOMO and how investors should be thinking about their asset allocations (45:15). Potential for war; bond yields and prices (49:35). Show Notes: Successful Portfolio Strategy US Inflation Scenarios: War-Induced Oil-Price Shocks U.S. tightens oil sanctions on Iran as Biden seeks to discourage Israel from strike Read our transcripts For full access to analyst ratings, stock quant scores and dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions