By Matthew Carr This year, the Dow Jones Industrial Average, the Nasdaq Composite and S&P 500 all hit new all-time highs. And they didn’t do so just once.
They notched new records more than 20 times.
Despite concerns swirling around the U.S.-China trade war, bond yield inversions and slowing global growth, U.S. equities couldn’t be stopped.
But 2019 hasn’t been a breakout year for everyone. In fact, there’s one group of companies that’s failing to keep up.
I’m talking about small caps.
Traditionally, during periods of international uncertainty, these have been favorites among investors. That’s because they’re seen as bets on the domestic economy, not the global one.
But …read more
