568 days ago • Posted by William Ramstein

According to Citi, Value equities still have a 20% upside

The global rotation trade into value shares out of growth stocks has about another 20% upside, according to strategists at Citigroup Inc. The outperformance of cheaper stocks over their high-priced peers has closely tracked the rise in 10-year U.S. inflation-protected yields out of deeply negative territory. The MSCI AC World value index already outperformed its growth counterpart by 14% since the end of October. Source: Bloomberg