Monday, stocks closed unchanged in Asia but rose 0.3% in Europe and were little changed in the U.S. on 11B shares traded. The VXO fell 5% to close at 14.56. Tuesday, stocks closed down 0.3% in Asia, ended little changed in Europe, and unchanged in the U.S. on 12B shares traded. The VXO moved up 5% to close at 15.27. The 10-Year U.S. Treasury bond yield fell 3% to close at 1.53. Precious metals fell 1% and their miners lost twice that amount. Wednesday, stocks fell 0.7% in Asia, closed little changed in Europe and fell 0.4% in the U.S. on 12B shares traded. The VXO moved up 9% to close at 16.59. The 10-Year U.S. Treasury bond yield fell 3% to close at 1.49. Precious metals gained 1%. IBM closed above its 150 benchmark lending more weight to the case that stocks are overpriced. Thursday, stocks closed little changed in Europe but were up slightly in Asia and the U.S. on 11B shares traded. The VXO fell 14% to close at 14.27. The 10-Year U.S. Treasury bond yield fell 2% to close at 1.46. Precious metals gained 1% and their miners gained twice that amount. The S&P 500 Index closed at a record high. Here's a pretty complete case for disputing that our present inflation is "transitory." Friday, stocks rose slightly in Asia, 0.6% in Europe and 0.3% in the U.S. on 9B shares traded. The S&P 500 Index closed at a record high. And in case you haven't noticed, inflation continues to heat up.