Small-Cap Growth Commentary – March 31, 2024
The overall macro environment provided tailwinds for US equities in the first quarter of 2024 — and growth over value, in particular. The Russell 2000® Growth Index (the benchmark) rose +7.58% for the first three months of 2024, in comparison to the value counterpart’s +2.90% gain. Hood River’s US Small Cap strategy rose +14.23% (net […]
Bloomberg Intelligence Podcast – Small Cap Market Outlook
(2/14/24) Brian Smoluch discusses his outlook for the markets and some individual stock picks.
Small-Cap Growth Commentary – December 31, 2023
The fourth quarter of 2023 was a wild ride for US small caps, as the Russell 2000® Growth Index (the benchmark) hit both its annual nadir and peak during the final three months of the year. The benchmark hit its 2023 low of 1,037 on 10/27/23 before rallying to nearly 1,310 on 12/27/2023. Non-coincidentally, US […]
Bloomberg Businessweek Podcast – Apple Outlook Mixed Post Earnings on China Concerns
(11/2/2023) Lance Cannon joined the Bloomberg Businessweek Podcast in the Drive to the Close segment and discussed the Hood River International Opportunity Fund.
Bloomberg Radio – Markets, Inflation, and Israel
(10/11/2023) Brian Smoluch discusses individual stock picks and market reaction to renewed and uncertain geopolitical risks.
Small-Cap Growth Commentary – September 30, 2023
The third quarter of 2023 was rough for equities — US Small Caps were particularly impacted as the Russell 2000® Growth Index (the benchmark) fell by -7.32% compared to the S&P 500 Index’s -3.27% decline. July began on a positive note, with the benchmark rising +4.68%; but August’s -5.21% and September’s -6.60% declines put the […]
FA Magazine Online – The Next Microsoft May Be Worth Billions Before It Goes Public
(8/17/23) Brian Smoluch weighs in on private/public markets and small-cap stocks.
Small-Cap Growth Commentary – June 30, 2023
Investors had faced a wall of worry in 2022 as companies attempted to navigate inflationary pressures, rising interest rates, and a potential slowdown in the economy. We believe investors discounted these factors into small cap stock prices in 2022, and additional downside macro risks are largely offset by attractive stock valuations. We continue to get […]
Bloomberg Radio – Inflation and Stocks
(4/27/2023) Brian Smoluch talks about the markets.
Small-Cap Growth Commentary – March 31, 2023
While larger-cap equity indices closed out March higher than their February-end levels, the collapse of Silicon Valley Bank and Signature Bank disproportionately impacted smaller-cap indices. Broader implications in the regional bank sector appear to be contained for now, but some damage was certainly felt in the Russell 2000® Growth Index, which fell 2.47% during March. […]