Weekly Summary (Corrected)
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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