Broadening market favors small-caps and international.
The profit cycle is broadening beyond concentrated mega-cap tech; US small-caps, international developed, and emerging markets are all rallying and keeping pace with or outperforming the S&P 500. This broadening trade is a healthy sign and an attractive opportunity to diversify.
Broadening market favors small-caps and international.
The profit cycle is broadening beyond concentrated mega-cap tech; US small-caps, international developed, and emerging markets are all rallying and keeping pace with or outperforming the S&P 500. This broadening trade is a healthy sign and an attractive opportunity to diversify.