SMID cap stocks did well throughout most of 2016, especially small cap stocks, but then came December, and this group flip-flopped to underperform the market. Does this mean that more underperformance is ahead for SMID cap stocks, or can the group return to a strong performance for most of this year?
The answer may lie in what happens to the world's currencies, taxes and trade, and much is expected to change in at least of these two areas in the U.S., if not all three, under Donald Trump.
SMID cap stocks beat in 2016, weakened last month
In a research note dated Jan. 9, Morgan Stanley equity strategist Adam Parker made the case for SMID cap stocks for this year....



