- US Small-cap stocks rebound, but the outlook is still mixed
- US bonds continue to edge higher as interest rate slip further
- Equal-weight global asset allocation leads our strategy benchmarks this week—and this year!
Signs of life in small caps: For a second straight week, small-cap shares rallied. The iShares Core S&P Small-Cap ETF (IJR) rose 1.7% for the week (through July 30), posting the strongest gain for our standard global opportunity set.