While no one knows for sure what the future will bring, many experts are predicting that financial markets are likely to remain volatile over the next few years, with growth in the U.S., as well as over much of the rest of the globe, remaining subdued. That said, there are a few things that give us confidence in our asset class.
At Royce, our expertise lies in evaluating and understanding companies—their value, quality, and prospects. We claim no special skill in predicting economic, political, or strategic outcomes. We are, however, keenly aware that investors have questions about the economy and how it may affect our chosen asset class of small-cap stocks. This is particularly relevant in today’s world, where slow economic growth has been somewhat paradoxically accompanied by robust stock market returns. Continue Reading »