Early Morning with Dave

Early Morning with Dave

Share this post

Early Morning with Dave
Early Morning with Dave
Value Trade Could Be a Value Trap
Copy link
Facebook
Email
Notes
More

Value Trade Could Be a Value Trap

Macro fundamentals do not support a sustained rotation into “value” stocks

David Rosenberg's avatar
David Rosenberg
Jul 15, 2024
∙ Paid

Share this post

Early Morning with Dave
Early Morning with Dave
Value Trade Could Be a Value Trap
Copy link
Facebook
Email
Notes
More
Share

Highlights

• Macro fundamentals do not support a sustained rotation into “value” stocks

• Inflation set to come in below the Fed's year-end projections

• Low- and middle-income consumers are feeling the effects of tight monetary policy

• Surging power demand puts secular tailwinds behind the Utilities sector

Keep reading with a 7-day free trial

Subscribe to Early Morning with Dave to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Rosenberg Research
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More