Food for thought- During the last bear markets with conditions similar to now, small cap value and emerging markets out performed massively.

While past performance is never a guaranteer of future performance, I’m making this post because I feel it is still valuable food for thought.

In short- during the last bear markets we had; the early 2000s, and the post 2008 recession, small cap value and emerging markets outperformed the broader market.

Most noteworthy, small cap value outperformed during the 1970s and 80s, an era that saw high oil prices, high levels of inflation, stagflation, and rising interest rates.

Similarly. In the post dot- com boom, both emerging markets and small cap saw success