Miner Company
The Rotation Is Peaking
Recent market rotation has pushed value sectors like materials, energy, and utilities to outperform the S&P 500 YTD, despite lackluster earnings growth. Valuations in traditional value sectors have expanded rapidly, with some now appearing stretched and potentially unattractive even to value investors.
Recent market rotation has pushed value sectors like materials, energy, and utilities to outperform the S&P 500 YTD, despite lackluster earnings growth. Valuations in traditional value sectors have expanded rapidly, with some now appearing stretched and potentially unattractive even to value investors.