6min chapter

The Compound and Friends cover image

Relative Strength

The Compound and Friends

CHAPTER

The Small Cap Rally Is Coming to an End

Investors put 1.6 billion into small cap ETFs last week, 3 and a half billion all year. The Russell 2000 is up 6.5% in June, the best monthly performance in January,. But it's still down 24% from its peak in 2021. And we've already started to prop up emerging markets with Bitcoin and cryptocurrency breakouts. I think the dollar is gonna fall to the high 90s in the next month or two as FOMC policy gets more wishy-washy.

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