Small Cap Rout Is Flashing Red Flag For US Economy

The post-election small cap bounce in US stocks has now been completely erased as it seems tax-reforms have now been entirely priced-out of markets. However, as BofAML notes, the demise of small cap stocks relative to the broad market augurs badly for forward-looking economic growth…
The Russell 2000 is now the worst performing major index this year, up just 1% YTD…
Via BofAML,

This post was published at Zero Hedge on Aug 11, 2017.