Subject: when will small caps rebound?
from WSJ:
In the 2000-2002 bear market very small stocks went up 1% while big stocks fell 37%. (The 2008 crash didn't shows that big a difference).
Right now big stocks are valued at 4 times the book value of small caps.
Nvdia is worth more than the entire Russell2000 right now.
Their point: can this continue? Shouldn't nimble, creative small caps start to improve more?
No idea! Last 10 year run of big caps was driven by their greater growth in earnings.