Small caps roar forward
n Friday both the NASDAQ and S&P 500 recouped some of their losses from the day before.
n Friday both the NASDAQ and S&P 500 recouped some of their losses from the day before.
If the Federal Reserve does not lower interest rates by September, I anticipate problems in the economy, which means troubles in the market.
Honestly, I didn’t expect what I wrote yesterday to come to fruition so quickly.
The S&P 500 closed today at a new record high of 5,576.98, while the NASDAQ also notched a new high of 18429.29.