Shares of small, fast-growing companies have been crushed, but they may have bottomed. Higher bond yields—the main culprit—aren’t likely to rise much from here.
The silver lining? The 10-year yield can’t go much higher from here, which means growth stocks should rebound, at least in the short term. Newsletter Sign-up Should the yield fall, smaller growth stocks will pop. How much? Consider the key levels for the Russell 2000 Growth ETF. At a current $225 per share, it has seen buying support at just over $200 many times since the second half of 2020, while sellers have stepped in around $250. To break above that level in the near term, the market would have to be confident that yields could remain below recent peaks.
مصر أحدث الأخبار, مصر عناوين
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