Portfolio manager staying away from small-cap stocks

27,327 次觀看・1 週前

STORY: Buchanan said that just "under half" of the small-cap companies in the Russell 2000 index are "unprofitable" and therefore "have to access capital markets more frequently" than megacaps.

But high borrowing costs create a "nuisance" for small caps, potentially weighing on them in a "dramatic fashion."