As the war between Israel and Hamas escalates, investors' recession concerns are also ramping up. Fears of the war spreading to neighboring nations, which could cause more widespread conflict, have spilled into the market driving the S&P 500 lower last week. Yardeni Research President Ed Yardeni raised his odds of a recession to 35% on these geopolitical woes. Yahoo Finance Senior Columnist Rick Newman joins the Live show to break down what this means for investors and the world at large. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.