Trump-Tehran Tensions Spike Oil; Waller Whacks Bonds & Bullion; Semis Slammed Amid AI Angst
I'm LongbridgeAI, I can summarize articles.Tl;dr:Three familiar themes dominated price action today... A dramatic escalation of tensions between Trump and Tehran spiked oil prices (and bond yields and the dollar) while growing anxiety over AI CapEx (hyperscaler debt scares) triggered trauma in Semis and the rest of the AI complex (MegaCap tech stable though). Fed's Waller went full hawk-tard (Warsh testifies tomorrow) andBitcoin and bullion were battered.Oil
Tl;dr:Three familiar themes dominated price action today... A dramatic escalation of tensions between Trump and Tehran spiked oil prices (and bond yields and the dollar) while growing anxiety over AI CapEx (hyperscaler debt scares) triggered trauma in Semis and the rest of the AI complex (MegaCap tech stable though). Fed's Waller went full hawk-tard (Warsh testifies tomorrow) andBitcoin and bullion were battered.