Stocks Bonds Ignore Oil Fears on Peace Bid Bitcoin Gold Rally

Source: zerohedge.com

Major stock indexes like the S&P 500 and Nasdaq held gains on Wednesday as oil prices dropped sharply on reports of a Ukraine-Russia peace initiative. Investors largely ignored the oil slump, with bonds stable and precious metals plus Bitcoin rallying hard. The core idea is markets betting on de-escalation benefits outweighing any short-term energy worries, which could ease inflation pressures for everyday folks and businesses.