It was a wild year in the markets, with mega-cap stocks doing great and speculative small-cap stocks … not so great. Here’s a review of my predictions for 2021 and an update of my thoughts for next year. My predictions from a year ago are in italics. 1. Small-caps underperform, especially the most speculative small-cap stocks that are up huge. Update December 2021: The small-cap index was up less than half as much as the S&P 500 SPX, +0.62% and other major indices. And the most speculative small-cap stocks are down 50% or more. One of one predictions is correct...