YTD US equity markets story in one chart. Expensive stocks measured by P/E are being dumped by investors, derisking their portfolios, and rotating into cheaper commodity based stocks. Investors appear to be rotating from #growth stocks into #value stocks. This strategy may continue until uncertainty clears out regarding #inflation, #recession, #tightening and #ratehikes.
Want to know more? join Fund@mental here https://apps.apple.com/us/app/fund-mental/id1495036084
#iamfundamental #soyfundamental #wealthmanagement #familyoffice #financialadvisor #financialplanning
Source: the Macro compass
![](https://static.wixstatic.com/media/7b1f28_9f3001cf893444bcb24168e975bbe24c~mv2.jpg/v1/fill/w_133,h_137,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/7b1f28_9f3001cf893444bcb24168e975bbe24c~mv2.jpg)