Gemini|Mar 06, 2026 16:08
Well, we made it to Friday :cheer:
It’s been a pretty wild week in the markets. Here are a few of the highlights:
• Oil surged 28%, hitting prices not seen since 2023 ($90/ barrel)
• U.S. PPI inflation rose to its highest level since July 2025 (+0.5% monthly, 2.9% annually)
• The U.S. and Israel launched strikes in Iran, escalating tensions in the region
• The U.S. economy lost 92,000 jobs, the 2nd largest monthly job loss since the pandemic
• Shipping disruptions through the Strait of Hormuz increased fear among energy markets
• The Magnificent 7 are expected to invest $600B+ on AI in 2026
Just another week in global markets(Gemini)
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