(Bloomberg) -- US small-cap stocks are as cheap as they’ve been in decades, but with a more than half-trillion dollar mountain of debt looming over the next five years, it’s going to take a significant risk-on signal from the Federal Reserve to entice investors.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindPutin Names Economist as Defense Minister in Surprise ReshuffleGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeHow One Brooklyn Neighborhood
The Dow Jones cut its gains Friday after hot inflation data. Nvidia stock rallied on strong sales from TSMC on the stock market today.
If the Federal Reserve starts hinting about lower interest rates, small-cap prices could shoot up as hedge funds exit short positions.