With mega-caps pulling back, is there a rotation opportunity into US mid-cap names that might offer better value or growth prospects with less concentration risk? Or is this a time to stay defensive across the board?
Definitely agree there's a case to be made for mid-caps right now. The mega-cap dominance can't last forever, and some of those mid-tier companies are showing strong fundamentals with less of the frothy valuations we've seen.
I'm cautiously optimistic on mid-caps, but I wouldn't call it a full rotation just yet. There's still a lot of macro uncertainty, and liquidity can dry up faster for smaller names. Staying selective is key.
While mid-caps might offer value, 'less concentration risk' feels a bit optimistic. We're still in a market where the big players often dictate sentiment. I'm leaning more defensive, personally, until we see clearer economic signals.