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- Stocks sank yesterday on news that Russian President Vladimir Putin lowered the threshold for using nuclear weapons, retaliation against the US for allowing Ukraine to use American-made long-range missiles. The NASDAQ and S&P 500 managed to recover, but the DJIA stayed all day in the red.
- Treasury yields dropped as bonds rose.
- Gold popped as traders sought safety, as the commodity benefited from the US dollar pulling back from a recent one-year high.
- Bitcoin continued to climb slowly but surely, reaching another new all-time high.
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Filed under: "Ask-an-Advisor", Accounting, Financial Planning, Funding Basics, Investing, Marcinko Associates, Touring with Marcinko | Tagged: Bitcoin, bonds, DJIA, DOW, economy, finance, gold, Investing, Marcinko, NASDAQ, Putin, S&P 500, stocks, treasuries, Yields |
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