Fed Should Act As Economy Slows—Will Politics Delay It?

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  Posted by Two Blokes Jul 22 - Filed in General - #TwoBlokesTrading  - 6 views
  
  Both the S&P 500 and the Nasdaq closed once again at record highs on Friday (July 18).1 The DJIA was off marginally for both the week (-0.07%) and year to date (-0.79%).2 The Russell 2000, the small-cap index, is the canary in the coal mine. Generally speaking, small caps lead the major averages, especially when the economy slows.