Reported 3 months ago
Wharton finance professor Jeremy Siegel predicts a significant change in the stock market as the Federal Reserve is expected to initiate rate cuts, which could benefit underperforming value stocks. With the S&P 500 Value index lagging behind growth stocks this year, Siegel emphasizes that a shift towards value investing may occur once the Fed lowers interest rates, especially amid cooling inflation data that supports this move.
Source: YAHOO