Asian markets opened lower mirroring losses in the US. Global investors adopted a risk-off approach. Technology stocks faced significant selling pressure. This sentiment impacted cryptocurrencies like Bitcoin. However, US futures showed a slight uptick. Concerns over AI company valuations and infrastructure spending are growing. This led to a rise in Treasury yields for longer maturities. Gold and silver prices surged.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap