FYI: Small, on Wall Street, has not been beautiful lately. And that could be bad news not just for investors but the economy in general.
Shares of small-capitalization companies, generally considered those with a market value of less than $1 billion as measured by the S&P Small Cap 600 index, have fallen just more than 9 percent in the past three months, or about triple the drop of the S&P 500 Index, which tracks the market’s largest companies, in the same period. That’s a little bit of a reversal and most likely a surprise to many strategists on Wall Street who thought that 2018 would finally be the year that small caps, after years of underperformance, would leave large caps in the dust.
Regards,
Ted
https://www.fa-mag.com/news/small-cap-stocks-should-be-doing-better--so-why-aren-t-they-41878.html?print
