FYI: Growth stocks have enjoyed an edge over their value counterparts in recent history, but market action of late suggests that the relative return drought for out-of-favor equities may be ending.
One clue is the recent revival in value outperformance over growth, based on a cumulative performance index that reflects the daily total returns for the Russell 1000 Growth and Value indexes. For the last two months, value has been beating growth for the first time since July 2015. Value’s edge has been slight, but the performance advantage has been consistent.
Regards,
Ted
http://www.capitalspectator.com/is-a-rebound-for-the-performance-edge-in-value-stocks-at-hand/
