Are you seeing Small-caps breaking out to new 4-month highs relative to Large-caps?
This underperformance in Small-caps began in Q1 2021 which, among other things, sparked the beginning of the bear market.
This week would mark the 18-month point, if a bear market is even something we’re still in.
This kind of outperformance from Small-caps is not something we’ve seen over the past 18-months. [Read more…]