Technically, we already saw this in 2005, since the S&P 500 [up 4.91%] slightly beat the Russell 2000 [up 4.55%]. But now in 2006, we are seeing a migration to large caps and mega caps. Some of this rotation is due to an expected slowdown in overall corporate profits. During such an environment, investors are more comfortable with large-cap companies, which are stable and more consistent in performance.
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