Growth, Momentum, Volatility and Value Factor Performance Chart showing that value stocks make a comeback as momentum and growth stocks get hammered. Picture source: Goldman Sachs Global Investment Research
The Value of Diversification This chart shows that a 60/40 portfolio has slightly outperformed the S&P 500 since 2018. Picture source: Fidelity Investments
Growth/Value Stock Ratio Around First Rate Cut: Recession vs. No Recession After first Fed rate cut and no recession within the next 12 months, growth stocks should outperform value stocks. Picture source: LPL Financial LLC
Large-Cap Growth/Value Equity Series Ratio Around First Rate Cut: Recession vs. No Recession The chart suggests no recession in the next 12 months, and growth should outperform value. Picture source: Ned Davis Research
Are Small Cap Stocks Overvalued? Small Cap Stocks Valuation: based on the forward PE ratio, the valuation of small cap stocks seems reasonable, with no sign of bubble. You may also like our “Stock Market Valuation.” Picture source: Bianco Research
Is The U.S. Stock Market Overvalued? S&P 500 Valuation: the chart shows that the U.S. stock market is not cheap. Based on the forward P/E ratio, the S&P 500 is not extremely overvalued either. You may also like our “Stock Market Valuation.” Picture source: Bianco Research
S&P 500 Growth Index / S&P 500 Value Index The Value vs. Growth differential has overshot the previous extreme at the height of the Dotcom bubble. You may also like “Will Value Ever Outperform Growth?” and “The Value vs. Growth Differential Has Never Been So Extreme.” Picture source: Bloomberg
U.S. Yield Curve and Growth/Value P/E Ratio The chart below shows that the shape of yield curve explains nearly 50% of the variation in value vs. growth multiples. Actually, when the U.S. economy is sluggish, investors prefer growth stocks. Picture source: BlackRock, Inc.
Will Value Ever Outperform Growth? When the U.S. economy is weak, investors prefer growth stocks. But value could outperform again, when the U.S. economy will be stronger. Picture source: Ned Davis Research
Value of U.S. Corporate Bonds by Rating Since the Great Recession, the U.S. corporate bond debt rated ‘BBB’ exceeds $3 trillion. If the U.S. economy goes wrong, this is bad news for investors. Picture source: The Wall Street Journal
