Reported 10 months ago
The Russell 2000 index has faced its largest drop since 2020 due to the Federal Reserve's stance on interest rates, raising concerns over small-cap stocks as a safe haven. Envestnet's Dana D'Auria highlights the challenges of investing in small-cap stocks during this volatile climate and recommends tech stocks for a more defensive strategy, while cautioning about market concentration in the Big Tech sector.
Source: YAHOO