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PFUT - Could Fall Weakness In Growth Stocks Bring Opportunity?
Putnam Sustainable Future ETF
Summary
After a brutal six months, during which the Russell 1000 Growth Index fell more than 32%, growth stocks finally found a floor in June before rebounding.
September is not over and is rarely kind to investors.
A slower economy is, at least on a relative basis, supportive of growth stocks, which tend to command a higher premium when earnings growth is harder to find.