Trade war sparking an ‘absurd and ridiculous’ price for safety stocks, $3 billion money manager warns

Mayflower Advisors' Larry Glazer warned recently that a lot of investors are setting themselves up for pain by paying an "absurd and ridiculous premium" for small cap stocks. Smaller companies have been captivating investors because they do most of their business in the United States and, therefore, insulated from trade war fallout. In addition, they've been big beneficiaries of President Donald Trump massive tax reform package that passed late last year.