Anecdotally, I'm seeing continued underperformance in small-cap indices compared to large-cap tech. Is this a healthy divergence reflecting flight to quality, or a sign of broader market breadth issues?
Could be a bit of both. Small caps often get hit harder in uncertain times, and right now there's plenty of uncertainty to go around.
I've noticed the same trend. It feels more like a rotation than a quality play, with bigger players consolidating.
Definitely seeing that. Makes me wonder if the recent rally in the large-cap tech is sustainable without broader market participation.