Debt Limit Reached

Monday, stocks ended unchanged in Asia and up 0.4% in Europe. Markets were closed in the U.S. If you’re still under the delusion that the Fauci Flu shot is “safe and effective,” you may want to take a look at this.

Tuesday, stocks closed unchanged in Asia, rose 0.4% in Europe, and fell slightly in the U.S. on 11B shares traded. Precious metals fell 1% and their miners lost three times that amount. The Dow Jones Industrial Average ended below its 34,000 level.

Wednesday, stocks gained 0.8% in Asia and 0.3% in Europe but fell 1.5% in the U.S. on 12B shares traded. The VIX rose 5% to end at 20.34 and pivot back into the fear area. The 10-Year U.S. Treasury bond yield plunged 5% to close at 3.38. Precious metals fell 1%. The NASDAQ closed below its 11,000 benchmark.

Thursday, stocks fell 1.5% in Europe and 0.5% in Asia and the U.S. on 11B shares traded. Precious metals ended up 1% and their miners gained three times that amount. The S&P 500 Index closed below 3900.

Friday, stocks rose 0.8% in Asia, 0.4% in Europe, and 1.3% in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield plunged 5% to close at 3.38. The NASDAQ and S&P 500 indices ended above their respective 11,000 and 3900 benchmarks. Finally, the Federal Reserve balance sheet declined 20B to 8.49T.

Leave a Reply

Your email address will not be published. Required fields are marked *