- Small caps finally record a new high after two years and turn positive for the year.
- Vaccine progress is raising expectations of a more robust and durable economic recovery in 2021, driving a rotation into lagging segments and economically sensitive sectors.
- Small caps can witness an earnings surge next year.
- Expanding risk appetite, earnings momentum in 2021, and a multi-year breakout create a strong case for small-cap exposure, even though a broader overbought market risk exists.
For further details see:
Small Caps Record A New High, Finally, With More To Come