Hypershrinkers & Hormuz Hell: Oil Soars, Tech Wrecks, Rate-Hike Odds Rip

Tl;dr: Macro (tanker strikes & Trump threats trigger breakout in crude/real rates/USDJPY) and Micro (GOOGL sparked breakdown in the Hyperscalers and tech broadly, momo still bid) triggered mayhem in markets today. Rate-hike odds dragged TSY yields and the dollar higher, driving gold lower. Bitcoin tumbled along with tech.

Oil