- Large-cap Value just generated a Buy signal over Growth for the first time since November of 2007.
- There are positive differences between now and other periods when Value showed signs of outperformance.
- Financial stocks are the largest segment of Value indexes currently, and a wider rate spread should allow them to outperform going forward.
- Value indexes also have large cyclical sector exposure, and the market is discounting an eventual economic recovery from the pandemic.
- Starting to see the rise of Value in International equity markets as well.
For further details see:
First Time In 14 Years Value Favored Over Growth