Fed Gives Investors a Shot of Reality

…and speaking of shots, if you were thinking that these Fauci Flu shots for children amount to child abuse, this study clearly shows that that they do. Monday, stocks rose 0.9% in Asia and 0.3% in Europe but fell 0.3% in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield advanced 2% to close at 4.08. Precious metals fell 1% and their miners lost two times that amount. NASDAQ ended below 11,000 and the S&P 500 index closed below 3900.

Tuesday, stocks shot up 2.9% in Asia, gained 0.3% in Europe, and advanced 0.3% in the U.S. on 11B shares traded. Precious metals and their miners gained 2%.

Wednesday, stocks gained 0.6% in Asia but fell 0.3% in Europe and 2.0% in the U.S. on 13B shares traded. Precious metals fell 1% while their miners plummeted 6%. The S&P 500 index ended below 3800. Apple closed below the 150 benchmark. The big news of the day came from the rather tame FOMC decision release followed by more hard-line press conference comments.

Thursday, stocks lost 2.2% in Asia 0.9% in Europe, and 0.3% in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield advanced 2% to close at 4.12. Precious metals miners fell 2%. Apple ended below the 140 level.

Friday, stocks moved up 2.0% in Asia, 1.8% in Europe, and 1.7% in the U.S. on 13B shares traded. Precious metals shot up 4% sending their miners up 10%! Finally, the Federal Reserve balance sheet declined 43B to 8.68T this week.

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