Overlooked story of 2006: American Funds Didn't CrashAaron Pressman
It's that time of year when all manner of predictions are made whilst last year's are graded. For example, most commentators got small caps wrong in 2006. Defying predictions that the small-cap run of out-performance would end after seven years, the Russell 2000 Index had a total return of 18.37% versus the S&P 500's total return of 15.79% (figures from Russell and Morningstar, respectively). Another minor upset -- value walloped growth as the Russell 3000 Growth Index showed a total return of 9.46% versus the 22.34% gain for the Russell 3000 Value Index.
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