Back in October, I was hopeful that a rotation out of highflying technology stocks and into cheap laggards would help to support the market. I was wrong.
The cheaper stocks—known as “value” stocks—fell less far, but failed to prevent a much broader rout. Worse, the rotation itself lasted little more than a week at the start of October, and this year, the normal postcrisis pattern of value underperformance has resumed.
jmackin2 Brett
jmackin2 I look for hope in the rubble of deception and despair
jmackin2 maybe it is our definition of value that needs to change?...not sure we would call Utes or REITs as growth stocks, but so far YTD, doing really well.
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