Temporary Insanity or Reasonable Response?

Keith Schneider | July 8, 2018

US equities put in an excellent performance with all key US benchmarks up nicely with the shortened week.  The Dow Industrials (INDU) ended up +1% while both growth and small cap stocks led by NASDAQ 100 (QQQ) the Russell 2000 (IWM) were each up over +2.5 % for the week. The huge question is whether the big rally in global equites this week was out of step with the looming trade war? Maybe. To borrow a

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