Stockchase Opinions

Bryn Talkington iShares Russell 2000 ETF IVM-N WAIT Aug 30, 2024

September: Key are next Friday's job numbers, because the Hurricane Beryl probably impacted it. If that number beats, there will be a 25-point interest cut in September and small caps will rally for a few weeks. But it's too early to buy small-caps. A weak jobs number will unwind cyclical stocks.

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Small-caps do well in wider economic growth and falling interest rates, which Powell signalled yesterday.