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    Is the Historic Small-Cap Cycle Coming to an End?

    Is there life still left in the currently aging cycle of outperformance for small-cap stocks, already one of the longest on record?

    An analysis by T. Rowe Price sheds some light on the relative behavior.

    Small- and mid-cap stocks have significantly outperformed larger companies since early 1999, far surpassing the historical average of about five years for a typical “small-cap cycle.”

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