You have a great blog and are clearly very bright and above many
of your
peers in the finance industry.As you know, when the market goes down, it pretty much takes everything down with it and small caps have been hit even harder.Everyone feels dumb when the
prices of their stocks decline and feels smart and vindicated when
prices turnaround and shoot up.We are living in challenging times and the macro is likely to affect future stockmarket performance affecting 80 %
of all stocks for a long time to come.Stocks as part ownership
of businesses are affected by the global economy.In the meantime,
most stock
prices have been gyrating based more on Mr Market's emotions
of how various economies will emerge
than anything else.