A Russell 2000 Bull Market Is Coming: 1 Unstoppable Vanguard ETF to Buy Hand Over Fist
The Russell 2000 features approximately 2,000 of America's smallest listed companies. At Tuesday's close, the index has surged by a whopping 10.3% since July 1, crushing the widely followed S&P 500, which is trading flat since then.
Investors are predicting the U.S. Federal Reserve will cut interest rates three times before the end of 2024 thanks to favorable inflation and unemployment data. Rate cuts can benefit small companies significantly more than their larger peers, and I'll explain why in a moment.
Despite the strong gain in the Russell 2000 over the past month, it's still trading in a bear market because it hasn't surpassed its all-time high from 2021. The index only needs to gain another 8.9% to get there, and with economic conditions turning in its favor, it could be back in bull territory sooner rather than later.
Source Fool.com
