Afternoon Update

Small Caps are leading on the day as Value (+1%) outperforms Growth (+0.1%). The mega-cap index (MGK) is similar to the growth style factor  at +0.15% SP-500 +0.55%, Dow +0.3% (Transports +1.2%), NASDAQ-100 +0.1%, Small Caps +1% The pull back mentioned in the last post was driven by a little jump in 2 -year yields…