Federated Hermes' Stephen Denichilo talks small caps joining the record market run

Let's turn to small caps. The Russell 2000 actually outperforming the S&P 500 since the closing lows after liberation day when we saw that shakeout in the market around tariff announcements, although it hasn't been all smooth sailing for the small cap index since then. The Russell hitting record highs just this week.Joining us now is Steven Nicolo. Stephen, it's great to have you on. And I think that's a pretty uh interesting stat right there.the fact that the Russell 2000 is up 41% in 6 months versus the S ...