The S&P 600 small-cap index is on pace to outperform the S&P 500 this year for the first time since 2016
The dollar is getting stronger. While that may sound like something to be happy about, a runup in the value of the dollar can ripple through the economy in unexpected ways. WSJ’s Julia-Ambra Verlaine explains. Illustration: Jordan KranseSmall-cap stocks are bouncing back. A strong U.S. dollar is boosting their run.
After suffering bruising losses earlier this year, shares of many small, domestic-focused companies are outshining the large-capitalization stocks that dominate the U.S. equity markets. In October, the S&P 600 small-cap index has risen 5.3%, beating the large-cap S&P 500’s 2.6% increase. For the year, the S&P 600 is on pace to outperform the S&P 500 for the first time since 2016.
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They’ve stimulated their own internal economy. The D&B power card doesn’t work at, say, TGI Fridays
Anybody who believes the fiat dollar is strong should never be taken seriously
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Source: MarketWatch - 🏆 3. / 97 Read more »