I don't know if you noticed, but the Russell 2000 is about to lose support for 2022 and 2023 and below that the index returns to pre-Covid levels.
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I don't know if you noticed, but the Russell 2000 is about to lose support for 2022 and 2023 and below that the index returns to pre-Covid levels.
Losing 2022 support is technical confirmation of structural collapse in risk, small and medium-sized companies going bankrupt.
This is not a technical bear market.
It's a slow-motion solvency shock.
Zombie companies better up them revenues. Could be tough if we are going into recession