Small Cap
Russell 2000 and the companies closest to the American entrepreneurial engine.
Why the Russell 2000 Trades on Fed Policy: The Floating Rate Reality
One-third of Russell 2000 debt is floating-rate, making small caps intensely sensitive to Fed rate decisions. This guide explains the mechanics of floating debt, leverage, zombie companies, and rate positioning.
The Zombie Company Problem: How to Identify Value Traps in Small-Cap Stocks
Zombie companies generate insufficient income to cover interest payments, creating structural value traps in small-cap indices. This guide explains the interest coverage ratio, balance sheet analysis, and how to avoid zombies.
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