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The Russell 2000 ETF (IWM) has broken out to an all-time high while the Dow and S&P...

The Russell 2000 ETF (IWM) has broken out to an all-time high while the Dow and S&P remain a few percentage points shy of theirs, notes John Spence. Not only have small caps shown relative strength of late, but sizable inflows into their ETFs (IWM AUM +4.5% just yesterday) also suggest a greater appetite for risk-taking among investors.
Comments (3)
  • pat of the grand plan endorsed by Bernanke and FED....Risk on wealth effect to prop up the economy...when the small cap bubble pops, it will be UGLY...money should rotate into high quality large cap dividend payers
    19 Sep 2012, 08:59 AM Reply Like
  • Buy TBT below 15 and wait
    19 Sep 2012, 09:02 AM Reply Like
  • And how is their appetite now? Buying at the top must settle well in the stomach. Curious how the word "investors" relates to the buying at these valuations while we are in a masked depression.
    10 Nov 2012, 11:51 PM Reply Like
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