The Russell 2000 is about five points ahead of Large Caps YTD, and is approaching its April 2011 long-term relative peak. We view this outperformance as their leadership’s last gasp and not a new cycle.
Nov
07
2013
How Long Can Small Caps Lead?
tags
Russell 2000 Small Caps Large Caps Ratio of Ratios Real Interest Rates Leadership Cycles Ibbotson Drawdown Bear Market Relative Valuation Normalized P/E SeasonalLogin
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