Institutional Insights: Goldman Sachs Weekly Kickstart
According to Goldman Sachs 'The small-cap Russell 2000 index (RTY) has just experienced its strongest five-day outperformance compared to the large-cap S&P 500 index (SPX) in at least 40 years. Over the past five days, the Russell 2000 surged by 9% while the S&P 500 declined by 1%, resulting in a 10 percentage point gap. In the last 3 months, the small-cap benchmark has returned 13% and year-to-date it has returned 9%. In comparison, the aggregate S&P 500 index has climbed by 11% in the last three months and has an impressive 16% return year-to-date. Additionally, the median S&P 500 stock has returned 5% in three months and 8% year-to-date.'
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Past performance is not indicative of future results.
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Patrick has been involved in the financial markets for well over a decade as a self-educated professional trader and money manager. Flitting between the roles of market commentator, analyst and mentor, Patrick has improved the technical skills and psychological stance of literally hundreds of traders – coaching them to become savvy market operators!