Stocks rallied to record highs last week following a jumbo-sized interest rate cut by the Federal Reserve. This rally was notably led by small and mid-cap stocks, with the Russell 2000 and S&P 400 outperforming large-cap stocks. Investor appetite for small caps has increased, as highlighted by Citi's observations. Despite the gains, there is a sense of unease in the market regarding the sustainability of this trend as rates are expected to fall further into 2025. Experts have weighed in on where the market might be headed next.