Value stocks trounce growth equities in 2022 by historically wide margin

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Value stocks have trounced growth equities in this year’s bear market as the Federal Reserve aggressively hiked interest rates to combat soaring inflation in...

Value stocks have trounced growth equities in this year’s bear market as the Federal Reserve aggressively hiked interest rates to combat soaring inflation in the U.S.

Both... Value stocks have trounced growth equities in this year’s bear market as the Federal Reserve aggressively hiked interest rates to combat soaring inflation in the U.S. Both indexes are down in 2022’s slumping U.S. stock market. The Russell 1000 Growth index has plunged around 30% this year, compared with a drop of around 10% for the Russell 1000 Value index, according to FactSet data, at last check.The “big question” is when the Fed might “pivot” and start cutting rates, said Eric Sterner, chief investment officer of Apollon Wealth Management, in a phone interview Friday.

The Fed has been raising its policy interest rate to cool demand in the economy and curb high inflation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Where can I find that, $ making bot everybody's using?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines