Oil Up, Stocks Up, Bonds Up, Gold Up Amid Strait Strikes, CyberSic(k), & Soggy Jobs
Tl;dr: Escalating war tensions (US-Iran strikes, Ukraine threats) and de-escalating growth hopes (weak jobs, flat dur goods) left a market taking a breather after two downbeat days following Warsh's hawkish warbling. Small Caps outperformed on a squeeze, Nasdaq weak on Broad AI (CyberSec ugly), bond yields down on weaker growth possibilities (ignoring oil's rise), gold up on the dollar's weakness (yentervention?) but bitcoin stood still.
