- The S&P 500 Growth Index won the early stages of the "COVID-19 recovery" rally, rising 56.6% through August 4, 2020. Value struggled to keep up, running 38.4% higher.
- From the bond market's August extreme through March 30, 2021, the S&P 500 Value Index has rallied 27.8%, trudging ahead of the 15.1% return of the S&P 500 Growth Index.
- The bond market is guiding the stock market. If falling rates meant growth stock dominance, it would seem the opposite would mean…well, the opposite.
For further details see:
Value Stocks Appear Poised To Capitalize On Closing Economic Slack