All a Mistake?

Hello All,

As the week has progressed, we have continued to see capital flow back into Mega-Cap / Tech (The Q’s are up 140bps on the week & outperforming by a wide-margin) as financial conditions continue to tighten with the 10Y rising to above 4.1% today given the hotter CPI #’s & as a result, Small-caps are underperforming on the week given the rate se…