The rest of the world and small caps are playing catch-up to the U.S. mega-cap indices. And of course, "smart beta" aka. dividend stocks are becoming ever more crowded...
June 6, 2016
Some of us have seen this movie before, and actually remember the ending. It's called short-covering and it comes right before the crash...
Small caps (red). Mega-caps (black)
Global Dow
Global Dow short-term count:
"It’s when you think it’s safe and it starts going down that you get mass selling.”
The Idiocracy's "Low Volatility Smart Beta"
I mean, what else could it be?