HYSR - LD Micro Small-Cap Activity June 1-8 Winners & Losers
The LD Micro Index topped 2000 in early June, capping a marathon run that began in March. With that spectacular climb, the index has regained the perch it held before the first coronavirus cases in the United States were reported. This is welcome news for small-cap investors, many of whom might have been losing faith in the sector. But, turning the old adage upside down — what goes down must go up — the bull run shows that small business is still the engine of America’s economic growth.
America is going to need that engine in the coming months. This week, the National Bureau of Economic Research (“NBER”), the organization that calls a recession, did just that. On June 8, the institution declared...
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