After a period of optimism amid calmer trading conditions, the S&P 500 just experienced its biggest plunge since March’s brutal selloff, as the Fed warned of a long path to economic recovery and coronavirus infection rates ticked up in various parts of the country. Against this backdrop, the author of today’s article believes the critical question is whether stock pickers “can find overlooked stars and discover securities that sway to their own beat” – and acknowledges that “it’s looking like a tough summer for those who pick securities for a living.” For more – including why the outlook for small-caps appears particularly grim – CLICK HERE.