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Risk-On Returns, But Cracks Still Show Beneath The Surface

By Seeking Alpha May 07, 2026 Bearish
Risk-On Returns, But Cracks Still Show Beneath The Surface
A big‑picture measure of the trend in global asset allocation has rebounded to a positive bias, based on the ratio of two global asset allocation ETFs. Another area not participating in the risk‑on revival, at least in relative terms, is small‑cap stocks.
A big‑picture measure of the trend in global asset allocation has rebounded to a positive bias, based on the ratio of two global asset allocation ETFs. Another area not participating in the risk‑on revival, at least in relative terms, is small‑cap stocks.