Week in Markets
Week in Markets: Iran War Escalates, NFP Crashes to -92K, Oil Crosses $100, BTC $74K Fakeout
Iran confirmed Hormuz closure. Oil surged 35.6%, the largest weekly gain since 1983. NFP came in at -92K, the first negative print since the pandemic. BTC hit $74K on a short squeeze before reversing. Kraken got Fed access. 10Y yield hit 4.17% on stagflation fears.