Monday, stocks fell 2.1% in Asia but ended unchanged in Europe and the U.S. on 15B shares traded. The VIX rose 5% to close at 15.85. The NASDAQ ended below its 26,000 benchmark. Apple closed above 310.
Tuesday, stocks gained 0.5% in Asia, 0.3% in Europe and slightly in the U.S. on 15B shares traded. Precious metals gained 1% and their miners advanced twice that amount. The NASDAQ ended above its 26,000 benchmark. Apple closed below 310.
Wednesday, stocks in Asia, in Europe, and in the U.S. on 15B shares traded. Precious metals fell 2% and their miners gave up 3%. Apple closed above 310 while IBM ended below 230.
Thursday, stocks rose slightly in Asia but fell slightly in Europe and declined 0.4% in the U.S. on 15B shares traded. The VIX fell 5% to end at 14.51. Precious metals and their miners gained 1%. The S&P 500 index ended above 7700. IBM ended above 230.
Friday, stocks ended little changed in Asia, rose 0.5% in Europe, and declined 0.3% in the U.S. on 16B shares traded. Precious metals fell 2% and their miners lost twice that amount. Fed Chair Kevin Warsh maintained his hawkish bias in his speech at Jackson Hole. And finally, here’s an opinionated article that indights the powers that be for inflation and other forms of freedom theft.