The multi-indicator cyclical model we use to guide allocation between small-caps and large-caps continues to show later-cycle conditions that typically favor large-caps, and that is where our recommendations have been for most of the time since September 2021.
While lower rates should help the more rate-sensitive small-caps, the relative earnings trends remain solidly in favor of large-caps and help explain the persistent small-cap underperformance.
Stocks pulled back today after the gains yesterday, with small-caps lagging again.
Small-caps (Russell 2000) continue to struggle to keep up with large-caps, a trend in place for 3 years now.
The R2K is barely above its level in Nov. 2021, while the S&P 500 is up more than 30%.
Agree. What he threatens — to imprison lawmakers for the apparent “crime” of serving on a committee whose work he dislikes — is a declaration of an intent to be a tyrant.
That he often issues empty threats does not mean this ought not be concerning. It is, very much so.
When I was PFC living in the barracks at Fort Campbell, my car broke down. It wasn’t going to be crazy expensive, something like 600 dollars, but I didn’t have the money to cover it. I lived in the barracks. I ate at the dining facility. And I had to call my parents for money. I was embarrassed.
The incoming pay raise for junior service members has been needed for a while. It keeps wages competitive with the civilian sector. I’m happy to see it getting taken seriously.
“According to the new language, all troops are set for a pay increase, with base pay going up by 4.5%. Additionally, junior enlisted troops (E-1s to E-4s), who will see an additional 10% increase to their base pay, effective April 1, 2025.” -@TaskandPurpose
Trump lied to people about the election being stolen. Told them to take back their country.
They violently attacked the Capitol and assaulted police officers.
Now Trump is going to pardon them saying “they had no choice.”
Vile.
A Florida-based federal judge has ordered nearly $1 million in sanctions against Donald Trump and his attorney Alina Habba, calling the former president a “mastermind of strategic abuse of the judicial process.”
https://t.co/DSVEpIC0ba
There were no significant changes on how elections were administered between 2020 and 2024, and 2020 was not administered poorly.
It really shows how deeply the grifting class and their accomplices were able to penetrate.
Like when girls and young women repeatedly complained about Trump walking through their dressing rooms while they were mostly naked because he owned the pageants?
NEWS: Senator Baked Mike Lee (R-UT) calls on Congress to grant US-born children of illegal aliens immunity for any crimes they might commit – same as we provide foreign diplomats.
"An American official said the United States believed that this was because many Russian aircraft had been pulled out of Syria for operations in Ukraine." https://t.co/70XypvcOdV
right, and it's darkly hilarious so many people are performing a politics based on a LARP, it's like creating a politics centered on the Goldeneye pause music
That Assad — one of the worst murderers and tyrants of the last 50 years — gained safe haven in Putin’s Russia …
Should give you a good sense of what Putin’s Russia is all about …
And the immorality of Russia vis-a-vis Ukraine.