Is the US headed for a recession? The Iran war could tip the balance.
Gas prices have climbed on average.
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- The US isn't in a recession, based on conversations with six economists.
- The Iran war complicates the picture, depending on how long it lasts and the severity of its effects.
- Even if the US doesn't enter a recession, people aren't feeling so great about the economy.
The US isn't guaranteed to enter a recession, but the Iran war could be a drag on the economy.
Claudia Sahm, the chief economist for New Century Advisors...