Francis Gannon on S&P’s Global Market Intelligence site, —Royce
article 11-16-2023

Francis Gannon on S&P’s Global Market Intelligence site,

Co-CIO Francis Gannon discusses small-cap’s long-term prospects on the S&P Global Market Intelligence site,


On 11/14/23, Francis Gannon was among the market experts quoted in an article on that looks at the recent underperformance of small-cap stocks and how that might turn around in a piece entitled, “Small-cap stocks dragged down by higher rates while large caps rally.”

You can read the piece here.

In the article, Francis detailed some of the factors that can help small-caps going forward, including the end of the Fed’s rate hike cycle, “the strength of capital expenses, increased federal spending for small businesses, and emerging artificial intelligence applications.”

Important Disclosure Information

Mr. Gannon’s thoughts and opinions concerning the stock market are solely his own and, of course, there can be no assurance with regard to future market movements. No assurance can be given that the past performance trends as outlined above will continue in the future.

The performance data and trends outlined in this presentation are presented for illustrative purposes only. Past performance is no guarantee of future results. Historical market trends are not necessarily indicative of future market movements.

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