FOMC Comments Buoy Stocks

Monday, stocks fell 1.6% in Asia, were nearly unchanged in Europe, and fell slightly in the U.S. on 9B shares traded. Precious metals and their miners lost about 1%. Apple closed below its 150 benchmark.

Tuesday, stocks rose 0.3% in Asia, 0.8% in Europe, and 1.3% in the U.S. on 10B shares traded. The VIX fell 5% to close at 21.29. The 10-Year U.S. Treasury bond yield declined 2% to close at 3.76. Precious metals gained 1% while their miners shot up four times that amount. The Dow Jones Industrials and S&P 500 Index ended above 34,000 and 4000 respectively. Apple closed above 150.

Wednesday, stocks in Asia, in Europe, and 0.4% in the U.S. on 9B shares traded. The FOMC minutes contained hints of slowing the pace of rate hikes https://www.zerohedge.com/markets/fomc-minutes-signal-higher-terminal-rate-slowing-pace-hikes Precious metals gained 1% and their miners gained twice that amount.

On the Fauci Flu front, this week produced a plethora of information.
Here’s one that exposes the hypocrisy of the FDA. This one explains the origins and efficacy of ivermectin. And here’s a video that shows what embalmers found popping up since the clot shot has been rolled out.

Thursday, stocks rose 1.9% in Asia and 0.3% in Europe. Markets were closed in the U.S for Thanksgiving.

Friday, stocks fell 0.5% in Asia, closed little changed in Europe, and gained 0.4% in the U.S. on 5B shares traded on a holiday-shortened day. Apple ended the week below the 150 level. Finally, the Federal Reserve balance sheet declined 5B to 8.62T.

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