SUMMARY Small-cap stocks are not as ‘cheap’ as they first appear Credit and interest rate conditions are a major concern, due to a shorter debt cycle. This creates an unfavorable backdrop for investing in small-caps currently, in our view.   Our Framework: ‘Price Matters’… but so does Macro and Earnings Data With favorable economic and [...] The post US Small-Cap … Why Now Is Not the Time to Buy appeared first on ETF Trends .