It seems that theres a little bit of a rotation occurring from large into small caps...
For the past few weeks each day major indices have been down big the Russel 2000 has been down far less..
Today is a prime example of this- a lot of large caps down bad- esp large cap growth- DW8 weathering the storm it seems... My opinion- DW8 is likely in (deep) value territory and it doesn't make sense to further rerate the multiples at this stage compared to 30+ PE large caps..
DW8 Growth, page-12701
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