Higher for Longer

Monday, stocks declined 0.9% in Asia and 1.0% in Europe but closed little changed in the U.S. on 10B shares traded. Precious metals ended up 1%. Here’s a detailed article that exposes the man-made climate-change hoax.

Tuesday, stocks ended little changed in Asia, Europe, and the U.S. on 10B shares traded. This article asserts that the Fauci Flu shots were neither safe nor effective.

Wednesday, stocks gained 0.9% in Europe, but lost 0.8% in Asia and 0.4% in the U.S. on 10B shares traded. The VIX rose 7% to end at 15.14. The FOMC held interest rates unchanged but indicated rates will remain higher for longer.

True to form, the FDA and CDC have continued to push the latest Fauci Flu shot without due diligence.

Thursday, stocks dropped 1.5% in Asia, 1.3% in Europe, and 1.6% in the U.S. on 10B shares traded. The VIX shot up 16% to end the day at 17.54. The 10-Year U.S. Treasury bond yield rose 3% to end at 4.48. Precious metals slipped 1% while their miners lost about three times that amount. The S&P 500 Index ended below its 3400 benchmark. This article explains why high inflation and associated high interest rates will persist much longer than investors believe they will. Here’s a good reminder of the tricks and pitfalls of asset preservation and growth in an inflationary environment.

Friday, stocks rose 0.6% in Asia but fell 0.4% in Europe and ended down slightly in the U.S. on 10B shares traded. Precious metals closed up about 1%. The Dow Jones Industrial Average finished below 34,000. Finally, the Federal Reserve balance sheet declined 76B to 8.02T.

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