The money flow into small caps may not be a rotation from winning growth trades.
" this week."We're seeing flows into everything, and that to me means people are looking to get a little bit broader in their exposure which is smart in an election year."
" are now, for the first time in ages, buying value, buying some of these defensive sectors, buying small caps. But they haven't stopped buying the other things as well," he said."I think this is money coming in from that giant bucket of money markets that we know is sitting out there.
"Investors are really getting comfortable with risk, and there will be momentum," said Paglia, the firm's chief business officer.
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