Revenge Of The Little Guy
If you were wondering whether the historic rotation to small-caps that dominated market headlines earlier this week was accompanied by big inflows to related equity products, the answer is a decisive "yes."
Small-cap funds saw their second-largest weekly inflow ever, according to EPFR.
As the figure below shows, the nearly $10 billion haul has no recent precedent. And yes, it should make you feel old -- or young, whichever the case may be -- that 2007/2008 no longer counts as "recent."
The