Reported 1 day ago
Wall Street analyst Tom Lee forecasts that the Russell 2000 index could see a significant increase in value due to falling interest rates, predicting a 50% rise this year. The Vanguard Russell 2000 ETF, which mirrors this index, is up 10% year-to-date and would require a 37.3% gain in the remaining months to meet Lee's target. While this ambitious prediction may be challenging given historical trends, investors may still consider this ETF for diversification within their portfolios.
Source: YAHOO