Monday, stocks fell 1.2% in Asia but rose 1.0% in Europe and 0.9% in the U.S. on 10B shares traded. The VIX declined 5% to end at 20.60. The 10-Year U.S. Treasury bond yield climbed 4% higher to close at 3.53. Precious metals lost about 1%. In case you were not aware: carbon dioxide is essential for life and its abundance enhances plant growth.
Tuesday, stocks closed unchanged in Europe but rose 1.0% in Asia and 0.3% in the U.S. on 10B shares traded. Precious metals gained 1% and their miners rose about twice that amount. Here’s the results of someone who calculated the cost of the Fauci Flu hoax.
Wednesday, stocks gained 1.1% in Asia, 1.3% in Europe, and 1.2% in the U.S. on 11B shares traded. The VIX closed below the pivot of 20 — transitioning from fear back to greed. The S&P 500 and NYSE closed above their respective 4000 and 15,000 levels. Apple closed above its 160 benchmark.
Thursday, stocks rose 0.3% in Asia, 0.9% in Europe, and 0.5% in the U.S. on 10B shares traded. Precious metals and their miners gained about 2%. NASDAQ ended above its 12,000 benchmark. Faltering GDP could point to stagflation.
Friday, stocks advanced 0.8% in Asia, 0.7% in Europe, and 1.2% in the U.S. on 12B shares traded. The 10-Year U.S. Treasury bond yield fell about 2% to close at 3.49. The S&P 500 ended above 4100 and IBM closed above 130. The World Health Organization now advises that Fauci Flu shots are not recommended for children. Will this be enough to prompt the CDC, FDA, and White House to finally back off? Don’t hold your breath. Finally, the Federal Reserve balance sheet declined 28B to 8.71T.