Republic Risk: Bad Day for Mister Russell
The Russell 2000 is down 1.4% to start the day. High interest rates are not good for a functioning economy
Equity Storm Warning Is GREEN on the S&P 500 and the Russell 2000.
The Russell is up… the Nasdaq is up. Six sectors are negative: cyclicals, energy, real estate, utilities, tech, and financials. Please proceed with caution, as our Russell reading went negative yesterday, and the S&P is barely holding.
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