Crude & Crypto Rip, Stocks Dip, Yield Curve & Gold Scream 'Policy Error'

Tl;dr: After last week's macro extravaganza, this week starts quiet (Empire Fed strongest in 5 years) and stocks and bonds trod water broadly overnight until US/Iran rhetoric heated up, oil prices spiked (snapping bond yields higher, and dragging stocks lower). Nasdaq was the prettiest horse in the glue factory with Tech and Energy outperforming. Dollar was flat while gold and bitcoin ripped, echoing the the Fed doubts signaled by a steepening yield curve.

Oil