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Top U.S. Fund Managers Prepare For Bear Market In Small Company Stocks

FYI: The shares of small companies in the U.S. haven’t technically fallen into a bear market yet, but several top-performing fund managers are acting as if it is inevitable.

Small-cap fund managers from firms including Needham Funds, Wells Fargo, and Hodges Capital Management are trimming their winners, shedding stocks they think will not be able to weather an economic downturn, and raising cash, all in anticipation of more pain to come as the benchmark Russell 2000 sits approximately 19 percent below a record high reached in August.
Regards,
Ted
https://www.reuters.com/article/us-usa-funds-bearmarket/top-u-s-fund-managers-prepare-for-bear-market-in-small-company-stocks-idUSKBN1OG1YB
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