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But we saved everything 🙂.
Stocks have declined for five consecutive weeks, with both the Dow and Nasdaq entering correction territory. Mike Shedlock highlights that U.S. oil prices have topped $100, reflecting continued market volatility.
Bond yields are also rising as investors respond to broad market pressures and ongoing political infighting among Republicans. The summary provided notes $WTIC near $100 as a significant market development.
Shedlock has previously noted growing inflation concerns reflected in the U.S. bond market, particularly regarding the 30-year bond here. He has also flagged the risk of China masking U.S. treasury holdings through state-owned enterprises in European markets here. These perspectives add context to recent price moves and investor responses.