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Market Focus

Small Caps Were Cheap For A Reason

by Felix-Antoine Vezina-Poirier, Chief Strategist  

A reoccurring theme in client discussions has been how cheap US small-cap equities could siphon allocation away from their richly-valued large-cap peers. But valuations are no one’s friend in a drawdown. While the S&P 500 is in correction territory at 10%…

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