This week saw some positive movement in the stock market, with the S&P 500 rising by 3.48% and the Dow Industrials rising as bank concerns ebbed. The STOXX 50 also rose by 4.46%, while the VIX and VSTOXX fell by -3.04 points and -5.46 points respectively. In fact, VSTOXX was the biggest loser among international volatility indexes that I am tracking.
Asian markets also experienced positive growth, with the Nikkei 225 rising by 2.40% and the VNKY falling by -2.42 points. As usual here are the confidence ranges for next week.
An excellent weekend read from Eric Falkenstein titled "FTX's Mythical Origin Story" Check it out!
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