Wall Street anticipates the Federal Reserve will adopt a gradual strategy for reducing its balance sheet expansion. The central bank began purchasing approximately $40 billion in short-term Treasuries monthly in December to alleviate funding market pressures. Officials suggest the pace of these purchases will be significantly reduced, moving cautiously to avoid missteps as the Fed aims for an end state.
Midcap, small cap outperform large caps on margins amid rising input costs
Large-cap firms saw operating margins contract significantly year-on-year. Mid- and small-cap companies experienced lesser margin contractions amid rising costs. These smaller firms also achieved higher
September 4, 2026