Another Trump Trade—Small Caps—In Retreat

One of the more popular destinations for the $2 trillion added to U.S. equities since the election is starting to look wobbly.

A strong dollar and robust U.S. growth were supposed to be a boon for smaller, domestically focused stocks. But that hasn’t been the case as of late. The Russell 2000 Index has fallen 4.5 percent from its March 1 high, on pace for its worst month since October, data from Bloomberg show.

from FA News


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