The Russell 2000’s July collapse (-3%) was the first time since its ’25 low that it trailed SPX by more than a percentage point. A single month settles nothing. But it was enough to send us under the hood, where a couple of things caught the eye: breadth and lack of staying power.
Aug
06
2026
Here There Be Monsters: Rising Risks In Small Caps
Subscribe to Advisor Newsletter
Leuthold Advisors Newsletter subscriptions include a no-obligation 14-day trial. Cancel at any time before the 14 days are over and you will not be billed.
Subscribe now