Investing advice: Rob Arnott's two "trades of the decade" to make now
Value stocks have gained steam in recent months as an economic recovery sits in sight. Rob Arnott says value stocks in the UK and emerging markets are the most attractive. The founder of Research Affiliates called them potentially the "trades of the decade." In 2019 and 2020, the COVID-19 pandemic sunk stock prices around the world as the global economy shut down. Anticipatory — and brave — investors seized opportunities in cyclical and cheaper value stocks as recessions and bear markets briefly took hold. These became consensus trades, however, since multiple effective vaccines were ...
Source: businessinsider.com