Reported 21 days ago
Investors are increasingly betting on undervalued stocks with the expectation that the Federal Reserve will begin cutting interest rates soon. In September alone, value-stock ETFs have seen $6.9 billion in inflows, while growth-stock ETFs have lost $13 million. This shift signals a rotation away from tech stocks towards sectors like utilities and real estate, fueled by optimism that rate cuts will boost economic growth and widen earning potentials among various sectors.
Source: YAHOO