Last week answered one question clearly. The peace trade built over three days died in one speech.

Trump promised more strikes. The Strait stayed closed. Oil posted its largest single-session gain since May 2020. The market absorbed it and finished the week up 3%, its best performance since November.

Both of those things are true. The tension between them is what this week has to resolve. The data either confirms that the energy shock stayed contained or shows it has moved into hiring, spending, and inflation in ways that change the policy calculus entirely. By Friday the market will know which story it is actually in.

Bloomberg is calling Elon Musk's upcoming SpaceX IPO "the biggest listing of ALL TIME."

But here's the thing - most investors will be locked out until AFTER it goes public.

Not you.

I've found a 'backdoor' that lets everyday Americans grab a pre-IPO stake in SpaceX right now.

Click Here for the FREE "SpaceX" Ticker.

Before any data lands, the market has to process the April 6 deadline.

Trump gave Iran an extension on strikes against energy infrastructure. That extension expires today. Three outcomes are possible.

A new extension is the market's base case after two previous pauses. It produces brief relief in rate-sensitive names and a pullback in energy, but weaker each time the pattern repeats. A deal framework would be the week's dominant story and would begin unwinding the war premium built since late February. Actual strikes on Iranian energy infrastructure would reprice every inflation assumption currently embedded in earnings models immediately.

The least-priced outcome is strikes. That is where the asymmetry lives. The market has spent two weeks pricing extensions. It has not priced escalation.

Watch Signal

Watch oil futures at the Sunday open and the first hour of Monday cash trading. If WTI gaps higher on Sunday night, the market is telling you the deadline produced something other than another extension before any official statement arrives.

Friday's jobs report carried the first real look at whether one month of $100 oil has changed hiring behavior.

Consensus was 59,000 jobs. ADP printed 62,000, with 58,000 of those in education and health services. Strip that one sector out and private sector job creation has been running near zero for months.

The market is pricing labor resilience. That resilience is concentrated in a single industry. If healthcare and education hiring softens next month, the headline loses its cover and the underlying weakness becomes the story. Until then, the consensus view of a stable labor market is technically accurate and structurally fragile. That gap is a mispricing in rate expectations and consumer resilience assumptions that closes the moment the composition shifts.

Monday's open is the first chance to trade Friday's number. It arrives alongside whatever the April 6 deadline produces. Both land at the same time.

Investor Signal 

If payrolls came in soft and April 6 produces new strikes, Monday opens with a recessionary labor signal alongside an escalating energy shock. That is the hardest version of the setup. If payrolls held and the deadline produces another extension, the resilience narrative gets one more week of cover.

Donald Trump recently made a move so shocking… 

It could go down as the greatest move ever made by a sitting president – and help create a tidal wave of wealth for Americans so massive…

It could turn a modest $900 investment…

Into a life-changing $108,000 windfall in just 12 months.

NOTE: The last time an opportunity like happened, it created 80,000 new millionaires!

Act now, or risk getting left out again this time.

Click here for all the details.

ISM Services PMI lands Monday. This is the first services survey to capture conditions after the Strait closed and gas crossed $4.

The manufacturing version last week was already alarming. ISM Prices Paid hit 78.3, the highest reading since June 2022. Every commodity moved higher. Not one moved lower.

The services version matters more for the Fed. If Prices Paid in services confirms what manufacturing showed, the Fed is boxed in. Cutting into accelerating services inflation is not a policy the committee can defend. If it comes in soft, the market gets breathing room and rate-sensitive names have a path to recover. 

There is no middle read here. This number either validates patience or closes the door on it.

The March FOMC minutes arrive Wednesday.

Powell already told Harvard last week that the Fed will look through the energy shock. The minutes will show how much disagreement exists inside the committee. Markets will look specifically for any language suggesting members think the shock could become embedded in services inflation. That language, if it appears, shifts the debate from cuts versus holds to holds versus hikes.

Goolsbee speaks Tuesday before the minutes land and will give a preview of committee tone.

Watch Signal 

Hawkish dissent in the minutes reprices the front end of the yield curve fast. That hits rate-sensitive equity sectors before it hits the index.

The legendary stockpicker who built one of Wall Street’s most popular buying indicators just announced the #1 stock to buy for 2026. 

His last recommendations shot up 100% and 160%. 

Now for a limited time, he’s sharing this new recommendation live on-camera, completely free of charge. It’s not NVDA, AMZN, TSLA, or any stock you’d likely recognize. 

Click here for the name and ticker.

Thursday is the heaviest data day of the week.

Core PCE, GDP growth, personal income and spending, corporate profits, and initial jobless claims all land the same morning.

GDP covers Q4 and reflects conditions before the war. It is backward-looking by design. The relevant number is Core PCE. January came in at 3.1%. If Thursday's read confirms that inflation was already running above target before the energy shock, the case for patience weakens considerably. 

Personal income and spending show whether consumers were still opening their wallets heading into the conflict. Initial jobless claims arriving the same morning add a real-time check against the backward-looking growth figure.

Stagflation Signal

Watch Core PCE first. Claims second. If Core PCE surprises above 3.1% and claims tick higher in the same session, the stagflation read reasserts over the relief trade that built last week.

Friday brings Core CPI, headline inflation, Michigan Consumer Sentiment, and Factory Orders.

Michigan is the number that matters most. The preliminary read was the lowest of the year. One-year inflation expectations from Michigan have been one of the most reliable early signals of consumer behavior change this cycle. If expectations move above 4% in Friday's final read, the consumer confidence floor that has held through six weeks of war starts to look fragile. That is not a sentiment story. It is a spending story. Consumers who expect prices to rise fast change their behavior before the spending data catches up.

Watch Signal 

Michigan's one-year inflation expectations subcomponent is the consumer behavior trigger. Above 4% means the confidence floor is cracking. Below 3.8% means it is holding. Everything else on Friday is context.

When crypto’s next move hits… will you be positioned—or watching from the sidelines?

Bitcoin just had its strongest week since the last peak.

Macro conditions are shifting.

This is the moment most investors hesitate… and miss it.

The difference is preparation.

Get the Crypto Revolution guide + our #1 coin pick here.

© 2026 Boardwalk Flock LLC. All Rights Reserved. 2382 Camino Vida Roble, Suite I Carlsbad, CA 92011, United States. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Readers acknowledge that the authors are not engaging in the rendering of legal, financial, medical, or professional advice. The reader agrees that under no circumstances Boardwalk Flock, LLC is responsible for any losses, direct or indirect, which are incurred as a result of the use of the information contained within this, including, but not limited to, errors, omissions, or inaccuracies. Results may not be typical and may vary from person to person. Making money trading digital currencies takes time and hard work. There are inherent risks involved with investing, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.

This week is the last quiet stretch before earnings season accelerates the week of April 13.

Delta Air Lines reports Wednesday. This is the first major airline print since jet fuel surged above $3.90 per gallon. Delta has better hedging than most of its peers, but guidance on Q2 fuel assumptions is the only number that matters. If Delta prices Brent above $100 through the summer, every unhedged carrier below it faces a restructuring math that the market has not fully priced.

Constellation Brands reports Wednesday as well. Beer and spirits demand tends to hold in difficult environments, but the company carries import cost exposure and serves consumers at the lower-middle income level where $4 gas hits hardest. Forward volume guidance is the read.

RPM International and Progressive round out a thin calendar. RPM's coatings and sealants business gives a ground-level look at construction and maintenance spending as mortgage rates sit at 6.46% and the spring selling season stalls. Progressive's auto results will show whether rising repair costs tied to parts inflation are flowing through to premiums yet.

Earning Signal

None of these prints move the broader market on their own. Together they give early reads on sectors that will matter a great deal when the larger reporters arrive the following week.

The market has been trading expectations. This week it trades evidence.

ISM Services tells you whether inflation is moving into the sticky part of the economy. The FOMC minutes tell you how much patience the Fed actually has. Core PCE tells you what the baseline looked like before the shock arrived. Michigan tells you whether consumers are still absorbing the cost or starting to change behavior.

The Amazon surcharge lands April 17. Major earnings season opens the week after that. The Strait is still closed. The toll booth is still running.

The market priced a short war last week. This week the data starts rendering a verdict.