What are the potential implications of small caps outperforming the S&P 500?
Russell 2000 Futures Headed Higher, Macro Risk's Kolovos Says

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2.
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What factors contribute to the sentiment around small caps currently?
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3.
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How does the performance of small caps compare to that of the S&P 500 based on the text?
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What are the potential risks associated with investing in small caps as mentioned in the text?
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5.
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Discuss the significance of the Russell 2000 breaking above the 1600 level.
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