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Looking for deeper insight on global markets and economics?  In tonight’s Closer sent to Bespoke Institutional clients, we highlight a potential turning point for the US Dollar index and what that might mean for the stock market.  The chart below is one of many included in tonight’s report that shows the percentage of international revenues generated by the average large cap stock compared to the average small cap stock.  As you can see, large cap stocks generate more revenues outside of the US, which is helpful when the dollar is falling like it has in 2017.  Investors have noticed, as the average large cap stock has handily outperformed the average small cap stock on a year-to-date basis (second chart).

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