Anxiety Rises

Monday, stocks fell in Asia 1.6%, in Europe 0.4%, and in the U.S. 0.3% on low volume. Here’s some excerpts from a good article from the last bear standing. Tuesday, stocks in Asia rose 0.3%. closed flat in Europe, and down 0.6% in the U.S. on low volume. The VXO rose over 5% to close at 13.29.

Wednesday, stocks declined 1.6% in Asia and 1.1% in Europe, but in the U.S. they managed ending flat. The second graph in this link is shocking even to me. . Precious metals roared over 2% higher while their miners rose about 4%. Thursday, saw little change in Asian stock. But stock fell in Europe 1.1% and the U.S. 1.2% on low volume. The VXO jumped nearly 20% to close at 15.54 while the 10-Year U.S Treasury Bond yield fell 2.7% to close at 2.65, and precious metals miners jumped about 3% higher.

Friday, stocks in Asia followed through with the anxiety from the west and fell 1.3%. In Europe, stocks dropped 0.7%, but in the U.S. they moved little on low volume. Despite that, the VXO rose over 10% to close at 17.22 — making its rise for the week over 32%. For the week, stocks fell about 2%, the 10-Year U.S Treasury Bond yield fell over 5%, and precious metals rose about 3%. The big political unknown for the week was the upcoming vote in Crimea.

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