Stocks, Bonds, & Oil All Up Amid 'Red October' Rout Across Europe

Tl;dr: A somewhat chaotic start to the month with Iran-War correlations snapping amid headline roulette, and European bond markets get messy... Oil up (time's up for Iran, Trump threats, physical tightness), stocks up (MU flip-flop, ORCL trouble, ISM Prices spike impact on P/Es, dovish FedSpeak, oil spike), and bonds bid (Treasury yields shrug off oil angst and inflation fear with short-end tumbling on PMI dip; technical exhaustion, US haven flows from EU chaos, offsetting hawkish FedSpeak). The dollar, gold, and crypto were also all up today as EUR plunged.

"Merde Alors..." and "Oh Merda...!" was heard ringing through many European bonds desks... with one big US dove trumping 4 smaller hawks.

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