Small Caps Uptrend to Pause, BTIG's Emanuel Says

The video discusses the current market trends, focusing on the S&P 500 and the dynamics between small and large caps. It highlights the impact of trade issues on market confidence and the role of economic indicators like ADP data. The discussion also covers the influence of dollar strength and tax overhaul on the market, concluding with an analysis of historical valuations and their relevance to current market forces.

What factors are contributing to the perception of small caps as a safe haven?

What are the historical valuation differentials mentioned, and how do they relate to current market conditions?

Discuss the implications of trade tensions on business confidence as outlined in the text.

How does the dollar strength impact market dynamics according to the text?

What is the significance of the ADP data mentioned in the text?