There will be solace for investors and tailwinds for stocks as rates go down: analyst – Video

Because rates remain elevated, small-caps continue to underperform and much of the sector rotation remains confined to large-caps, says Sahak Manuelian, Managing Director, Head of Equity Trading of Wedbush. Having said that, the important point here is tech is not the only game in town and there are many other sectors of the S&P that are working, says Manuelian.