"There’s been a rotation between the growth and value stocks," he noted. "Now the growth stocks have been beaten up so much that active managers, the professionals, are starting to pick some and add to those positions. And the companies that are fundamental, have issues, they’ve lowered those positions."
Markets have been experiencing volatility in recent weeks as concerns over Federal Reserve rate hikes and high inflation continued to worry investors. as more retailers revealed the negative impact of inflation amounting to the worst day for stocks since 2020. The Labor Department announced earlier this month that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 8.3% in April from a year ago, below the 8.5% year-over-year surge recorded in March. Prices jumped 0.3% in the one-month period from March. Those figures were both higher than the 8.1% headline figure and 0.2% monthly gain forecast by Refinitiv economists.
Why is 2000 mules not mentioned on fox?
Nothing the Democrats are doing or are going to do will return this country to prosperity. The only way to fix this country is to vote Democrats out of office!
We’re going under 28,000 in the DJI, maybe 27000
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »