Cirrus CEO Says Digital Deflation Is Underway But Shy of 1999

The video discusses the US market's dominance, driven by corporate profits and facing overseas headwinds. It introduces the digital deflation index, highlighting technology's impact on the services economy and its influence on wages and interest rates. The discussion extends to economic cycles, venture capital, and the performance of digital deflation baskets. Finally, it analyzes small caps market trends, emphasizing the need for visible earnings growth amidst volatility.

In what ways have small-cap stocks performed compared to large-cap stocks in recent years?

What concerns exist regarding the earnings environment for small-cap companies?