BIG Market Downturn – Trouble Brewing?

China rattled global equities on Tuesday, August 11 when they devalued the yuan against the dollar nearly 2%; the largest devaluation since China implemented its ‘modern’ exchange rate system in 1994. The S&P 500 immediately sank -1.5% at the start of trading on Wednesday (August 12), and European markets finished the day down -2.7%. China […]

Small Caps – Wisdom or Wasted Opportunity in an Aging Bull Market?

There’s “conventional wisdom” out there that as a bull market matures, large cap stocks tend to become the outperformers. According to this thinking, investors tend to shift investments to companies with well-established revenue sources, market penetration, and huge stockpiles of cash as a bull market ages. In theory, and for the most part in practice, […]