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Stocks, Bonds, Bullion, & Bitcoin Battered As Iran 'Hammered', PPI 'Hot', & Fed 'Hawkish'

Tyler Durden's Photo
by Tyler Durden
Authored...

Tl;dr: Everything was awesome for a few glorious hours overnight as you slept (oil down, stocks up), and then US/Israel struck upstream Iranian energy assets for the first time sent everything into reverse (as meme stock mania continues in oil). The move (not helped by a very hot PPI and a mildly hawkish Fed) also slammed bond yields and the dollar higher. Bitcoin and gold puked bigly... as St.Paddy's day hangover - everything green turns red...

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