The coronavirus blowback and the crowd’s ongoing preference for high-flying growth investments aren’t doing any favors for value investing strategies. Perhaps the chaos of 2020 is laying the groundwork for a performance revival in assets (and asset classes) that have suffered the most. The lagging results of value generally in recent years suggest otherwise, at least by some accounts. But if there’s opportunity in beaten-down assets, at least we know where to look.
Daily Archives: August 20, 2020
Macro Briefing | 20 August 2020
China’s commerce ministry: US and China will hold trade talks: CNBC
Fed minutes: Fed staff lowers economic growth outlook for rest of 2020: MW
Earnings surge for big retailers, including Target and Walmart: NYT
Are stocks increasingly vulnerable to currency risk? BBG
Apples becomes first company to reach $2 trillion market cap: CNET
10yr-3mo Treasury yield curve remains in a tight range, settling at 0.58% on Wed:
