VB News and Press, Vanguard Small-Cap From 04/12/23

2023-04-12 00:08:00 ET Summary A negative US 10-year minus 3-month yield spread has signalled every incoming recession of the last 60 years. In the real world, global PC shipments were -29% year over year in the first quarter, and the average work week in March’s payroll re...

2023-04-11 13:18:35 ET Summary The Fed was quick to keep rates near zero when the pandemic struck. However, it made a mistake to see inflation as transitory and kept rates low for too long. As a result, the Fed needed to raise rates at an aggressive pace and magnitude to keep infl...

2023-03-26 03:21:49 ET Summary Vanguard's Extended Market ETF tracks the performance of the mid & small-cap equities space. VXF has recorded a -18.27% TTM return underperforming the broader market. Mid and small-caps are undervalued compared to 20-year average multipl...

2023-03-22 16:32:26 ET Vanguard Small-Cap ETF ( NYSEARCA: VB ) - $0.7461 . 30-Day SEC Yield of 1.47% as of Feb. 28. Payable Mar 28; for shareholders of record Mar 24; ex-div Mar 23. For further details see: Vanguard Small-Cap ETF declares quarterly distributi...

2023-03-15 23:05:00 ET Summary After more than 12 long years, the stage may finally be set for an extended upswing in small-caps. When leadership concentration broke down in previous cycles, we saw multiyear periods where small caps outperformed large caps. In the current cycl...

2023-03-05 05:10:12 ET Summary While past performance may not continue, Mid-Caps have mostly outperformed over 20 years. And that includes any rolling 10-year period in the same time span. Mid-Caps may offer the salient points of both Large and Small-Caps. Vanguard is the ...

Summary The National Bureau of Economic Research takes time to define periods of economic expansion and contraction - and they do so in hindsight; equity markets are not trading based on these characterizations. The low degree of difference between the S&P 500 Index and the WisdomTr...

Summary After years of strong returns, 2022 was the worst year for global equities since the 2008 financial crisis. This trend is evident in the recent increase in securities lending activity, the mechanism which enables short selling. In December 2022 alone, the iShares Russell 200...

Summary Small-caps look to be in favor. HireQuest, Inc.'s franchise-based model and its strong exposure to blue-collar temp employment put it in a good spot. HireQuest, Inc. has been a solid source of alpha over the past 6 months and valuations look pricey. For...

Summary Despite our largest holding declining sharply during the month, gains elsewhere in the portfolio helped overall performance. I remain optimistic for the year ahead and our investment strategy. The apparent return of the meme-stock mania has led to somewhat of a short-squeeze...