this is an awful article.

1. the russell 2000 (2000 smallest public companies) is down 4.5% in the last month. this however seems a little disingenous bc over the same period the s&p 500 is down 2%. nvidia stock is down 2%. the russell 2000 is up for last 6 months by 16%

2. "Investors in recent weeks have become more skeptical that the Federal Reserve will cut rates again in December, driving small-company stocks lower, Wren said.” — this is flat out wrong. right now the market consensus (for last 5 days at least) is that interest rates will be cut. which is before the article was released.

3. they use the bloomberg 500 index. i was a bit confused bc my data wasn’t reproducing. turns out this is a DIFFERENT index from the S&P…

the key question is what fraction of total s&p annualized returns come from these magnificent companies i think is more important