Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.The firm highlighted that value stocks just experienced their worst decade ever of performance relative to growth stocks, and it can all be explained by a single trade.
Low interest rates, little to no inflation, and a global economic slump account for 79% of the relative returns between growth and value, according to BofA. "Lower growth expectations, lower inflation and a flatter yield curve help growing companies that rely on long-term debt, and those same macro conditions also reduce the worth of short-term dividends, which are typically paid by value stocks," BofA explained.
"Vaccine/reopening progress would likely boost unloved financials and hurt growthy, overbought lockdown portfolios," Bank of America said. The firm noted that this trend was evident during last week's market sell-off, as the Russell 1000 Value index outperformed its growth counterpart by the most since 2008.
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:
😂 One minute it's dead, then when the tech market is up its not dead. Blah blah blah, when the bubble bursts, they will say the opposite. These 'strategists' and 'analysts' have one jib: go with the flow. Market up = good market down = bad, I was right. No original opinions.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the secret club that helps determine which healthcare startups blow up - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. bielinko
Source: BusinessInsider - 🏆 729. / 51 Read more »
The 15 best value colleges of 2021 are great for business students - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. CEO Adam Brimo talks at ASX conference, all about OpenLearning=ASX$OLL Motley fool article on OpenLearning=ASX$OLL🚀🚀 OpenLearning=ASX$OLL Half year results🚀🚀🚀
Source: BusinessInsider - 🏆 729. / 51 Read more »
Scientists warn UK returning to 'exponential' growth in Covid-19 cases - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Do not take any RNA altering bioengineered vaccine to ostensibly help with a bioengineered virus. Too focused on Africa😂 Like Trump, BorisJohnson set the wrong tone for COVID19 and now the country and its people will pay a price. Tragic.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Fortnite active users on iPhone down 60%, Epic Games says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
SUCCESS INSIDER: 6-figure side hustles, resume templates, Y combinator - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Y’all really post some wild shit Earn with the THE WORLD FOREX EXPERT TRADERS the best binary and Forex platform , i made $10, 000 within a week with just $1500 investment I never believed it's real till I gave it a try Contact the admin Mr Abrantes Rene via Twitter 👇👇👇 abrantesrene
Source: BusinessInsider - 🏆 729. / 51 Read more »