There is a common assumption in small-cap circles right now that the current rally for the Russell 2000 Index, which has cooled off quite a bit since 12/9/16, needs fiscal policy initiatives to keep rolling.

The Russell 2000 advanced 47.4% from the 2/11/16 small-cap trough to 12/9/16. From that December high through 7/17/17, however, the small-cap index rose only 4.0%.

R2K RallyR2K Rally

According to this line of thinking, without the shot in the arm of a c…
Technology News