The rally in recent days of the Russell 2000 Index, a widely followed benchmark of small-cap shares, has revived hope anew that this slice of the equity market is finally set to recover after a long stretch of underperformance. But we’ve been here before, multiple times in recent years. Is this time different? Maybe, but the evidence is still a bit thin.
Daily Archives: October 17, 2024
Macro Briefing: 17 October 2024
A second Trump administration would radically change the dynamics of world trade, The Wall Street Journal reports. The former president says if elected he would implement higher trade tariffs — tariffs that may reach their highest level since the 1930s. In that case, the change would sharply reverse decades of policy adjustments that favored a free-trade bias in the world economy.
