Highlights
- Although small and micro caps have been struggling to keep pace for some time, recent deterioration in our trend model has our attention.
- We're not even close to triggering any sort of alarm, but we also know that the bull case won't just fall apart all of a sudden.
- Rather, it will be after a series of small, marginal deteriorations that add up to significant change over time. So, when we see chinks in the armor, we take notice.
- We. . .
