FYI: Currently, the Wall Street is stuck in a vicious circle of bull and bear tug-of-war due to growing concerns over the trade war arising from Trump’s proposed tariffs plan. Threats of inflation and faster-than-expected rates hike are also stimulating the bears though the current macro trends remain bullish.
In this backdrop, small-cap stocks are easily outpacing the large and mid-cap counterparts. In fact, from a year-to-date look, small caps, as represented by the largest and popular ETF IWM , have added 6.8% over the past month, compared to gains of about 4.3% for large-cap ETF (SPY and 5.7% for mid-cap ETF IJH .
Regards,
Ted
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