The Silent Rotation: Micro Caps Are Waking Up—Quietly

Markets do their most important work when no one is paying attention.

While investors argue endlessly about mega-cap tech earnings—and whether the AI boom is “over” or just getting started—another corner of the market has begun to stir.

Quietly. Almost apologetically.

Micro caps are breaking out.

The iShares Micro-Cap ETF (IWC) pushed to new 12-month highs …