A Top Strategist Says Buy “Anything but the S&P 500” as Small Caps Quietly Steal the Lead
Yahoo Finance · Aug 19, 2026 · iShares Russell 2000 ETF (IWM)
A top equity strategist is steering clients away from the S&P 500, and the reasoning goes deeper than simple valuation math. The real story is a balance-sheet wound that quietly healed while most investors were looking elsewhere.
Not investment advice. Cached headline, not a full reprint.