Traders Buy Stocks, Dump Bonds & Bullion As War Rhetoric Rises

Makes perfect sense.

After the largest global oil disruption in history, Saudis agree with US that "Iran did it", the US president says the military is "locked and loaded" and what do markets do - bid stocks, buy USDollar, and dump safe-havens like bonds and gold...

The dollar is soaring...

Source: Bloomberg

And the machines ramped the S&P back above 3,000 to confirm everything is awesome...

Markets have become entirely unglued from reality.