

Strong returns in U.S. stocks, particularly over the past two plus years, have led investors to question the relative lack of companies going public via the IPO process — as well as the potential implications for the IPO market in the long term. According to active equity managers, a combination of increased public market regulation, a reduced pipeline of potential offerings following the prior boom, the rising role of large private asset managers in capital raising, and near-term uncertainty surrounding government policy are all contributing factors. At Russell Investments, we think investors benefit from taking a long-term view.

Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play either angle. For this edition of Bull vs.

Franklin Templeton is further cementing its status as a rising player in the exchange traded funds industry by announcing that it's changing the names of more than a dozen of its ETFs and swapping underlying indexes on several others. Those changes went into effect on August 1.

On the surface, the Franklin LibertyQ U.S. Small Cap Equity ETF (CBOE: FLQS) may not strike many investors as the ideal equity avenue for surviving and thriving during a recession. However, some market observers are bullish on small-caps, even against the backdrop of a potentially rough economic pullback.

Positive vaccine news boosted hopes for an economic reopening in 2021, which flipped market signals, and small caps and value stocks rallied strongly in November. The Russell 2000 Index, a gauge of U.S. small-cap equity performance, delivered some of the strongest gains in its history.

Led by Fama-French and the quant community, Wall Street has long considered small caps to be a significant factor in and of itself.

In each of the past three calendar years, small cap stocks in the U.S. have lagged their large cap counterparts by roughly 6-7% per year. On a strategic basis,

This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ