Daily Archives: May 6, 2014

Small-Cap Breakdown?

Small- and micro-cap stocks have had a good run lately, but the bullish momentum is now fading. In the long run, finance theory tells us that these corners of the equity market will generate a risk premium over and above the broad stock-market benchmarks. In the short run, however, gravity can and does intrude on the party if performance gets ahead of itself.
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