Simpl
Simply because the coronavirus-induced global market selloffs began, the ache for already-struggling U.S. small-cap shares aggravated. U.S. Small-cap ETF iShares Russell 2000 ETF IWM was off 28.8% up to now month (as of Mar 13, 2020), which was probably the most acute if we evaluate with main world large-cap-oriented ETFs like S&P 500-based SPY (down 20.2%), Dow Jones-based DIA (down 20.9%), Nasdaq-100-based QQQ (down 18%), Europe-based VGK (down 25.4%), rising markets-based EEM (down 18.2%), Asia-based AIA (down 14.4%) and all-world ACWI (down 21.4%).
The state of affairs has been the identical over the 10-day timeframe, with IWM dropping probably the most (down 18.5%). Notably, U.S. small-cap shares lagged their bigger cousins in 2019 as effectively. Will 2020 be one other painful 12 months for pint-sized shares? (learn: Investors Love These ETF Areas Amid Virus-Led Bear Market).
U.S. Might Face Technical Recession in First-Half 2020
With individuals on quarantine and actions slowly coming to a halt, recession fears are tightening its grip on markets.The absence of products and companies amid…