Mega-Caps Officially in Leadership Role
12:35 p.m. ET The mega-cap index (MGK) is up +1.1%, even with yields higher by 3 to 4 basis points. That’s a 100 basis point lead over the S&P equal weight index (+0.1%). You may recall the before we entered the new year, the mega-caps were constieintly underperforming the equal weight index, often by 100…