Reported about 1 month ago
Mike Reynolds from Glenmede highlights that the ongoing small-cap rally, driven by fair valuations, optimistic earnings prospects, and favorable market conditions, is likely to continue. He points out that small caps are currently trading fairly compared to large caps, which may provide them with growth potential, especially as the Federal Reserve approaches rate cuts. Reynolds expects the Fed to stabilize rates around mid-2025, impacting small-cap performance positively.
Source: YAHOO