The rally in Russell 2000 isn’t justified or sustainable, says Jefferies analyst

A benchmark for small companies has so far stolen the show over the past 30 days, surging 7% and hitting all-time highs, but the rally isn’t justified by fundamentals, and likely not sustainable, according to Steven DeSanctis, equity strategist at Jefferies. Much of this surge in the Russell 2000...

The rally in Russell 2000 isn’t justified or sustainable, says Jefferies analyst