
In less than two weeks, Donald Trump will be inaugurated as the 47th president of the United States. U.S. markets have whipsawed since Trump’s election, and while stocks soared in November, a year-end rally never manifested. Small- and mid-cap companies rallied after the election results and the Russell 2000 Index (IWM) gained almost 11% in November. However, the small-cap index is now on the verge of entering correction territory and is down almost 10% from its recent highs.