Stocks Up, Bonds Up, Oil Up As Trump-Tehran Tantrum Escalates Into Easter Weekend
Tl;dr: The overnight (correlated) panic after Trump's disappointment (oil up, yields up, stocks down) saw the relationships break amid chatter of Hormuz reopenings - with a toll - as hyper-sensitive, squeeze-prone stocks rebounded (stocks up, yields down, oil meh). The dollar rallied into the long weekend with bitcoin and bullion battered after trump's threats. The market is still trading from tweet-to-tweet (desperate hope) and not counting barrels (desperate nope)... with the first up-week of the war in stocks.
Spot the odd one out on the week: Stocks up, Bonds (prices) up, Oil... up!?
