The Russell 2000 index has been on a tear over the last month with the much anticipated rate cuts announced yesterday by the Fed.
The IWM ETF which which tracks the Russell 2000 small cap index is up a little over 14% in the last month.
It’s about damn time!
Small caps have lagged large caps for almost two years. We will keep and eye on this throughout the year.
Let’s see what 2024 has on the docket for small caps!
Money Fad 