They’re on Fire

Small businesses got absolutely decimated by the economic shutdown. It’s no surprise, therefore, that small stocks also led the decline. The S&P 500 had a peak-to-trough decline of 34%, whereas the Russell 2000 fell 41% and the even smaller Russell Micro Cap index fell 43%.
Over the last few weeks and months, however, all that was lost was made up and then some. It’s hard to believe, but over the last year…

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