The last time the Russell 2000 (^RUT) hit a new high was in March of this year, peaking at just over 2,360 points, while the S&P 500 (^GSPC) continues to break new highs. According to DataTrek Research, however, there are two factors that will determine whether the Russell 2000 can outperform the S&P.
“The first is US high yield corporate spreads over Treasuries, which play an outsized role in the Russell’s relative performance,” DataTrek Co-Founder Nicholas Colas said in their Oct. 28…
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