Four small-cap specialists discuss inflation, active management, market contradiction and financial accommodation.
What investors don’t want to overlook about the next leg of the small-cap journey.
Royce co-CIO Francis Gannon explores why ongoing earnings strength for small-cap cyclicals is bolstering confidence in the sector.
As the state of growth becomes harder to gauge, small-cap fundamentals are likely to matter more and more.
Chart of the Week
Chart courtesy of Royce & Associates. Source: Bloomberg, as of 6/30/19. Past performance is no guarantee of future results. Indexes are unmanaged, and not available for direct investment. Index returns do not include fees or sales charges. This information is provided for illustrative purposes only and does not reflect the performance of an actual investment.
Chart of the Week
China’s latest tariffs focus on U.S. agricultural exports; financial markets are pricing in at least one Fed rate cut this year; U.S. consumers’ debt load reached $13.67 trillion, with student debt outstripping auto loans.
The case for a strategic allocation to international small cap is well supported by historical data.
Deceleration in economic growth could lead to an acceleration in M&A deals.
Chuck Royce and Francis Gannon are optimistic for small-caps going forward despite negative market sentiment.
What a return to more normal conditions in terms of volatility, returns, and interest rates means for the small-cap market.
What does recent volatility tell us about where we are in the small-cap cycle?
After a historically strong first quarter, what’s ahead for small-cap leadership?
History suggests that small-cap stocks may have more room to run, but some companies appear better positioned to lead than others.
Recent small-cap performance may have more to do with investors’ moods than fundamentals
Royce sees ample opportunities in the wake of one of small-cap’s most challenging quarters in 40 years.
Much Ado About the Midterms? Royce managers offer their insights about the investment implications on small-cap stocks.
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