[Due to a spreadsheet update error, the previous post contained errors in stock, bond and commodity prices]
Cash was king this week, as national currencies and bonds rose, cryptos declined, and equities and commodities were mixed. The largest gains were in crude oil, up 7.9%; tied for second place were the US Dollar and Japanese stocks, up 4.1%, and in third place, a tie between the the Euro and the Dow Jones Industrials, up 3.8% each. The largest losses were in Ethereum, down 18.2%, the CCi30 crypto index, down 13.6%, and Bitcoin, down 13.5%.
Bonds trailed USD cash, as short term notes rose 3.6% and long term bonds advanced 3.3%. The S&P 500 rose 1.4% while gold stocks fell 2.5%.
The precious metals all declined; palladium lost 1.7%, and silver was down 0.2%.
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