Bomb, Bomb, Bomb, …, Bomb, Bomb Iran

Monday, stocks gained slightly in Europe, lost 1.2% in Asia, and 0.8% in the U.S. on 12B shares traded. The VIX rose 11% to close at 19.21 in response to rising tensions in the Middle East. The 10-Year U.S. Treasury bond yield rose 3% to end at 4.63.  Precious metals gained 2%. The NASDAQ closed below its 16,000 benchmark. Having taken Paxlovid myself since my doctor refused to give me Ivermectin, I can attest that Paxlovid likely does little to fight the Fauci Flu other than make you feel bad as this article indicates.

Tuesday, stocks fell 2.4% in Asia, 1.5% in Europe, and 0.5% in the U.S. on 12B shares traded. Precious metals lost about 1%. Apple ended below its 170 benchmark.

Wednesday, stocks declined slightly in Asia but ended little changed in Europe and the U.S. on 11B shares traded. The 10-Year U.S. Treasury bond yield fell 2% to end at 4.58. Precious metals miners gained 2%.

Thursday, stocks gained 0.6% in Asia, advanced slightly in Europe, and ended little changed in the U.S. on 11 B shares traded. Here’s an article that shows gold’s recent stellar growth has helped it  eclipse the performance of the S&P 500 index over the past five years.

Friday, stocks fell 2.0% in Asia, ended little changed in Europe but gained 0.4% in the U.S. on 11B shares traded. Precious metals gained about 1%. The S&P 500 index closed below that big 5000 benchmark. Finally, the Federal Reserve balance sheet declined 32B to 7.41T.