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The rotation into value stocks spurred by the global economic recovery is mostly over, but investors should expect near-term outperformance of value names before growth stocks regain market leadership by the end of 2021, according to Goldman Sachs. “History, valuations, positioning, and economic deceleration indicate that most of the rotation is behind us,” Goldman analysts led by Ben Snider said in a recent note.
...read full article on Business Insider
