Correlation between the cap-weighted and equal-weighted S&P 500 has fallen to 37%, underscoring a widening gap beneath the headline index. Michael Kantro says t

Correlation between the cap-weighted and equal-weighted S&P 500 has fallen to 37%, underscoring a widening gap beneath the headline index. Michael Kantro says that may shift focus to stock selection; his Macro Select index is up about 30% YTD.