Monday, stocks rose 0.3% in Asia, fell slightly in Europe, and lost 0.3% in the U.S. on 10B shares traded. Precious metals moved up 2% and their miners gained 3%. IBM fell below its 190 benchmark. Here’s more on how the rising national debt is quickly becoming unsustainable.
Tuesday, stocks gained 1.3% in Asia, 0.6% in Europe, and 1.1% in the U.S. on 10B shares traded. The VIX fell 13% to close at 18.12 and pivot from fear back to greed. The NASDAQ and S&P 500 incices ended above 17,000 and 5400 respectively. Apple and IBM closed above their respective 220 and 190 benchmarks.
Wednesday, stocks in Asia, in Europe, and in the U.S. on 10B shares traded. The VIX fell 11% to close at 16.19. Precious metals and their miners declined 1%. The Dow Jones Industrial Average closed above 40,000. Consumer prices continue to rise on a monthly basis, but the annual rate of inflation continues to moderate.
Thursday, stocks lost 0.5% in Asia but gained 1.2% in Europe, and 1.1% in the U.S. on 10B shares traded. The VIX fell 6% to close at 15.23. The 10-Year U.S. Treasury bond yield gained 3% to end at 3.93. Precious metals gained 1%. S&P 500 Index closed above its 5500 benchmark.
Friday, stocks gained 2.6% in Asia, 0.3% in Europe, and 0.3% in the U.S. on 10B shares traded. Precious metals advanced 2% and their miners gained 3% as gold closed above $2500 for the first time. This article highlights that socialism rises and democracy collapses as the disparity between classes rises. Finally, the Federal Reserve balance sheet rose 3B to 7.18T.