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Fortune

Jim Edwards

As Trump eyes a new round of major combat operations in Iran, rising oil prices and European bond contagion risk spark global stock selloff

Donald Trump Iran

Photo: President Trump (Credit: Photo by Win McNamee/Getty Images)

**Good morning. On Fortune’s radar today:**

Wall Street insiders have stopped buying their own stock .
Trump eyes a new round of major combat operations in Iran.
The grumpy American consumer.
Markets: Bond contagion risk.
Is Wall Street too optimistic for Q3 earnings?
SpaceX is a decade ahead of its rivals.
Billionaires fleeing Britain have taken more with them than the combined wealth of those who remained .

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