Source: Bloomberg

Small-cap stocks and banks continue to outperform as investors bet that President Trump will succeed in putting across the main items of his economic agenda.

Small-cap stocks soared right after the election on the hope of corporate tax cuts, which benefit smaller companies disproportionately. The bank index BKX is up 6% over the past five trading days led by smaller regional banks, who will derive the most benefit from regulatory rollback.

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