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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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