Barclays dials back optimism on small-cap stocks after jump in yields. The firm downgraded its outlook on small caps to neutral from positive because of the rise in yields. “We still think they are attractive, trading at a 20y low valuation relative to the market. But given the risk that yields could continue higher from here and still awaiting a definitive uptick in European economic activity data, we think it is prudent to downgrade Small Caps while we wait to see how these two drivers play out”
To Profit From This News, Contact us today, and let us demonstrate how we can elevate your portfolio to new levels
AlgoTrader 