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USAA MSCI USA Small Cap Value Momentum Blend Index
2024-07-29 07:15:00 ET
Summary
The Great Rotation from large cap stocks to small cap and value stocks, that started a few weeks ago, continued unabated last week.
Small cap and value stocks have trounced large cap stocks over the last month.
What if the “great” rotation is merely correcting a short-term phenomenon that is only a year old and that prior to that period, there was no need for a great rotation?
“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” – Maybe Mark Twain but could be Josh Billings or someone else entirely