Bloomberg Market Wrap 5/23: S&P 500 Bearish Pattern, Small Caps, Best Buy

The video discusses the progression of the head and shoulders pattern in the S&P 500, indicating potential bearish trends. It also analyzes the Russell 2000's performance, highlighting its decline below key moving averages and questioning its support as a safe haven. The impact of trade wars on Best Buy is examined, noting concerns over tariffs and competition affecting its earnings and strategies.

What implications does the decline in the Russell 2000 have for small caps?

What potential strategies did Best Buy mention to deal with trade tariffs?