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home / news releases / PPSC - Either Lumber Is Wrong Or Small Caps Are


PPSC - Either Lumber Is Wrong Or Small Caps Are

The function of economic forecasting is to make astrology look respectable. – John Kenneth Galbraith

Where are you, small caps? Why have you not joined the biggest market rally of all time? I'm not talking about how the S&P 500 is doing, of course, or the Nasdaq. Whatever those indexes claim to be is not what they seem. I'm talking about another disconnect in the market and the economy, which has recently shown up in lumber prices and small caps. In my 2015 NAAIM award-winning paper on lumber, I show that historically, when lumber is

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Stock Information

Company Name: PortfolioPlus S&P Small Cap ETF Direxion Shares ETF Trust
Stock Symbol: PPSC
Market: NYSE

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