Value’s Back….And It’s Only Just Begun

In this post:
Executive Summary
Shifting macro forces slow growth markets’ frenzy
Looking for a sign that value is back? Look no further than rising interest rates and elevated inflation focusing investors on the value comeback underway.
The current market environment remains one of the most challenging in recent memory, given the many shifts in the dominant macroeconomic forces of the last decade. This paradigm shift for investors has also brought an end to the growth-led market frenzy that unfolded following the last crisis in 2008-2009. Investors had once again decreed the death of value investing, as they have tried to do so many times before; this prophetic failure arrived just in time for value's impressive comeback that began in 2020. Investors may be struggling with what to do: Is it time to revisit or increase allocations to value?
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Shifting macro forces slow growth markets’ frenzy
Looking for a sign that value is back? Look no further than rising interest rates and elevated inflation focusing investors on the value comeback underway.
The current market environment remains one of the most challenging in recent memory, given the many shifts in the dominant macroeconomic forces of the last decade. This paradigm shift for investors has also brought an end to the growth-led market frenzy that unfolded following the last crisis in 2008-2009. Investors had once again decreed the death of value investing, as they have tried to do so many times before; this prophetic failure arrived just in time for value's impressive comeback that began in 2020. Investors may be struggling with what to do: Is it time to revisit or increase allocations to value?