Sunday, July 21, 2024

Small and mid caps 'will lead second half of the year,' says Carson Group's Ryan Detrick |

 Here is the link. 

Ryan Detrick, chief market strategist at Carson Group, joins CNBC's 'The Exchange' to discuss opportunity in small caps, market outlooks, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g

  • +1% for four straight days
  • That's only happended 13 other times in history
  • 1 yr later, index higher 11 times & up 25% on avg
The case for small caps

Expect
  1.      YYYY | small cap 600 | S&P 500
  2.     2024     | 4.1%               | 12.7%
  3.     2025     | 17.7%             | 14.2%
  4.     2026     | 12.5%             | 11.9%
The case for small caps  
  • Look quite cheap
  • Economic optimism benefits small caps
  • Expected to see better earnings next year
  • Rate cuts ahead will be a positive
During Trump administration
Russell 2000: +61%
S&P 500: +70%

TOM next few months 40% up - 
  • Low cost to capital 
  • 6 - 9 months 



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