If 2022 was all about inflation and how high the US Central Bank can go, 2023 will be about Corporate earnings, recession risk, and valuations. Value stocks outperformed Growth stocks in 2022 and this trend is set to continue. It’s time to allocate long-term investment towards Value and in ETFs like Vanguard Value Index Fund VTV. It was down 6% last year but much better than Growth ETF which was down 34%. Here’s a list of Value stocks that seem to be holding up and can do well this year. The list is an excel sheet with a chart attached.
This is not an investment-worthy market but I would try to explain the market movements and hopefully, this would be a great learning experience.
Current Portfolio
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purposes. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers
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