Monday, stocks gained 1.9% in Asia, 0.5% in Europe, and slightly in the U.S. on 11B shares traded. The 10-Year U.S. Treasury bond yield rose 2% to close at 3.19.
Tuesday, stocks fell in Asia slightly, in Europe 0.3%, and in the U.S. 1.1% on 12B shares traded. The VIX rose 5% to close at 28.36. Precious metals fell 1% and their miners gave up twice that amount. The Dow closed below 31,000. The S&P 500 index ended below 3900. Apple finished below the 140 benchmark.
Wednesday, stocks lost 1.5% in Asia, 0.4% in Europe, and 0.5% in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield fell 4% to close at 3.09. The Dow Jones Industrials finished the day above the 31,000 benchmark.
Thursday, stocks in Asia and Europe fell 1.5%. In the U.S., they fell 0.8% on 13B shares traded. The 10-Year U.S. Treasury bond yield fell 4% to close at 2.97. Precious metals lost 2% and their miners declined twice that amount. The Dow closed below 31,000. The S&P 500 index ended below 3800.
Friday, stocks fell 1.1% in Asia, were unchanged in Europe but rose 1.0% in the U.S. on 11B shares traded. The VIX fell 7% to end at 26.70. The 10-Year U.S. Treasury bond yield fell 3% to close at 2.89. Precious metals fell 1% while their miners rose 3%. The Dow Jones Industrials finished the day above the 31,000 benchmark. The S&P 500 Index ended above the 3800 mark. Cryptocurrencies lost another 10% this week.
Are you losing patience with the record high gas prices? Do not despair. These prices are a necessary component for the “Liberal World Order.” And finally, the recession we all feel is all but formally confirmed as preliminary GDP numbers continue to deteriorate.