Wall Street Predicts Strong Stock Market Rally in Second Half of 2023
TL;DR Summary
The S&P 500 has been hitting new highs in 2024, driven by big tech stocks, but a significant valuation gap between large-cap and small-cap stocks suggests that small caps might be poised for outperformance. Historically, small caps have outperformed during similar valuation gaps, and with potential interest rate cuts and reduced recession fears, now could be an opportune time to invest in small-cap stocks through individual research or index funds like the SPDR Portfolio S&P 600 Small Cap ETF or the iShares Russell 2000 ETF.
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