Here’s an article that forecasts asset deflation followed by massive inflation. Monday, stocks rose 1.5% in Asia, 1.2% in Europe, and 0.8% in the U.S. on very high volume. The 10-Year U.S. Treasury bond yield moved up 2% to close at 0.66. Precious metals gained 1% while their miners gained three times as much. Apple closed above the 320 benchmark.
Tuesday, stocks gained 1.5% in Europe and 1.2% in Asia and the U.S. on very high volume. The VXO fell 9% to close at 25.34. The NYSE Index closed above its 12,000 benchmark.
Wednesday, stocks rose in Asia 1.5%, in Europe 2.6% and in the U.S. 2.1% on massive volume. The 10-Year U.S. Treasury bond yield shot up 12% to close at 0.76. The NASDAQ logged an all-time closing high.
Thursday, stocks in Asia gained 0.6% and in Europe lost 0.7%. In the U.S., stocks closed little changed on massive volume. The 10-Year U.S. Treasury bond yield gained 8% to close at 0.82.
Friday, stocks gained 1.0% in Asia, 2.5% in Europe, and 3.0% in the U.S. on mammoth volume. The VXO fell 5% to close at 24.13. The 10-Year U.S. Treasury bond yield moved up 10% to close at 0.90. Precious metals and their miners fell about 2.5%. The Dow Jones Industrial Average, Apple, and IBM closed above their 27,000, 330, and 130 benchmarks respectively. The NASDAQ closed at another record high.