Friday’s U.S. stock lunch session, the Federal Reserve St. Louis Fed President Bullard said that a sustained Inflation rate above 2% is welcome, and that it is acceptable if inflation is higher than the Fed’s target for a period of Time, reaching 2.5%; 10-year U.S. bond yields are now returning to levels seen before the outbreak of the new crown, which would be worrisome if there is disorderly trading, but not yet.
After Bullard’s speech, U.S. stocks V-shaped rebound, the Dow rose 200 points, after falling 158 points earlier; the Nasdaq turned up, after a heavy drop of 2.5%. The Fed’s Bullard said the new energy vehicle stocks, Azure fell narrowed up 6%, after once falling more than 18%; tesla fell narrowed to 4.5%, after once falling more than 13%. Spot silver intraday losses narrowed to 0.7%, after once falling more than 2%.
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