A bout of small-cap underperformance in the face of renewed “higher-for-longer” rate expectations sees the benchmark Russell 2000 finish below important support.
Inflation is likely to fall below the Federal Reserve's 2% annual target by late next year, says David Kelly, chief global strategist at JP Morgan Asset Management.
How much should we be worrying right now? Our call of the day from Pershing Square Capital Management manager Bill Ackman says that in the near term, we can relax a little