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Trump Does Not Want All Out War in Iran, Cook Says

Bloomberg Markets
Friday, July 10, 2026 at 12:22 PM
~4 min read
Labor Market

Original Report

Steven Cook, Council on Foreign Relations Middle East Senior Fellow, says it's unclear how President Donald Trump will "finish the job" in Iran. But Cook says Trump does not want to see a return to...

Steven Cook, Council on Foreign Relations Middle East Senior Fellow, says it's unclear how President Donald Trump will "finish the job" in Iran. But Cook says Trump does not want to see a return to all out combat. Cook speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Glass House Analysis

Labor market conditions shape the lived experience of millions of working families. When jobs are plentiful, workers have leverage to demand better wages and conditions; when they're scarce, the balance of power shifts to employers. This dynamic plays out daily in kitchen tables across America, where families make decisions about whether to ask for a raise, change jobs, or accept less-than-ideal conditions out of necessity.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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