MDY: Its Focus On Profitability Hasn't Paid Off Lately (Rating Downgrade)

Global equities have done very well over the past three months, Friday’s drubbing notwithstanding. The S&P 500 has returned 4.5%, the Russell 2000 is up 6.5%, and the global ex-US index sports a 4.5% advance. Lagging (badly, I might add) is the S&P MidCap 400 Index. The SPDR S&P MIDCAPFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms ...