The many faces of the Palestine Israel Conflict
The simple threat of the US getting involved in the Israeli conflict was enough to drive down treasury yields days after the conflict started. = "The world knows this is bad for our economy"
WSJ - "DUBAI—The war between Israel and Hamas isn’t just risking a regional conflagration. It is also affecting the global balance of power, stretching American and European resources while relieving pressure on Russia and providing new opportunities to China."
If you want to take an in depth look at this topic, this piece covers some of the crazy press asymmetry and what you can look for yourself.
It also goes into many other aspects of this conflict and makes a pretty good argument for how this could be a very well laid out trap for Israel. Scary stuff of the loss of life potential for all involved parties.