Fed Should Act As Economy Slows—Will Politics Delay It?
1. S&P 500 and Nasdaq hit record highs despite Russell 2000 decline. 2. Job market shows weakness, indicated by flat payroll growth. 3. Inflation persists, complicating Fed interest rate decisions. 4. Housing market faces excess supply, impacting prices negatively. 5. Economic signals are mixed, suggesting looming recession risks.