Further gains for value stocks in store | Money Management
“It remains to be seen whether we’re at the start of a long reversal of fortune for the value style. However, if we see the runaway performance of growth as an unsustainable trend that has run its course, then we are more likely to see the value rebound as a trend that is here to stay,” Walsh said. Also, as bond yields indicated that inflation was picking up globally, real interest rates might follow which would benefit value stocks. “Value stocks are known to be “short duration” in nature – that is, their cashflows are near term. Growth stocks, on the other hand, are know...
Source: moneymanagement.com.au