2024-03-19 18:09:39 ET
Summary
- The Vanguard Small-Cap Value Index Fund ETF is still underperforming the S&P500.
- The Fed might not be able to engineer a soft-landing due to the sticky inflation, and this does not favor a rotation to small cap value.
- The earnings growth expectation for small cap value stocks has been downgraded, while the PE multiple has risen.
The initial bullish thesis
I recently (January 18) recommended buying the Vanguard Small-Cap Value Index Fund ETF Shares ( VBR ), basically as a catch-up trade....
Read the full article on Seeking Alpha
For further details see:
VBR: The Elusive Catch-Up Trade In Small Cap Value Stocks