Monday, stocks fell 1.6% in Asia, 0.4% in Europe, and 0.8% in the U.S. on 10B shares traded. Precious metals and their miners lost 2%.
Tuesday, stocks dropped 2.6% in Asia while losing 0.6% in Europe and in the U.S. on 12B shares traded. The S&P 500 index closed below the 3600 level. Apple ended the day below its 140 benchmark. Precious metals fell 1%.
Wednesday, stocks declined 0.3% in Asia, 0.5% in Europe, and also 0.5% in the U.S. on 10B shares traded. The FOMC minutes confirmed that the Fed intends to continue cutting rates. On the healthcare front, here’s more news to support the growing body of evidence that the Fauci Flu shot is not only unsafe and ineffective but also negatively effective.
Thursday, stocks fell 1.0% in Asia, rose 0.8% in Europe, and 2.5% in the U.S. on 13B shares traded. The VIX declined 5% to close at 31.94. Precious metals lost 1% while Apple and IBM ended above their respective 140 and 120 levels. The Dow ended above 30,000 while the S&P 500 index closed above 3600. The monthly inflation numbers confirmed that inflation continues to be entrenched and is not transitory.
Friday, stocks gained 1.7% in Asia and 0.4% in Europe but lost 2.0% in the U.S. on 11B shares traded. Precious metals tumbled 2% and their miners dropped about twice that amount. The Dow and S&P 500 indices ended below 30,000 and 3600 respectively. Apple ended the week below 140.
The Federal Reserve balance sheet remained unchanged at 8.76T. Also, confirming in no uncertain terms that clown world is alive and well, the mastermind of the currency-driven chaos that has oppressed us for over a decade now received the Nobel Prize in Ecconomics.