Small cap value did well in the 2000 tech crash and SP600 (small cap) doesn’t have many direct datacenter or AI exposed names compared to large and mid cap indexes. But given the scale of capex across the US they aren’t immune from secondary effects.
It may have been a fume event which is very dangerous for everyone onboard.
> A fume event occurs when bleed air used for cabin pressurisation and air conditioning in a pressurised aircraft is contaminated by fluids such as engine oil, hydraulic fluid, anti-icing fluid, and other potentially hazardous chemicals.
Yes, it’s surprised me how this meme was everywhere in the comments while the data does not support it. I’d bet it’s splashy headlines in news outlets. Important to correct it so that policy is focused on what’s most effective.