بِسۡمِ ٱللَّهِ ٱلرَّحۡمَٰنِ ٠

3
Comment
Favorite

Majidiza
2023-09-26

بِسۡمِ ٱللَّهِ ٱلرَّحۡمَٰنِ ٠

قُلۡ هُوَ ٱللَّهُ أَحَدٌ ١

ٱللَّهُ ٱلصَّمَدُ ٢

لَمۡ يَلِدۡ وَلَمۡ يُولَدۡ ٣

وَلَمۡ يَكُن لَّهُۥ كُفُوًا أَحَدُۢ ٤

This Is the "Perfect" Time to Buy Value Stocks on Sticky Inflation, Rob Arnott Says

Valuation spreads have widened anew on AI-sparked tech rallyOdds of a hard landing are rising, smart-beta pioneer saysWith odds of a hard landing rising just as inflation is set to re-accelerate, this

This Is the "Perfect" Time to Buy Value Stocks on Sticky Inflation, Rob Arnott Says

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":224070688821264,"tweetId":"224070688821264","gmtCreate":1695742464029,"gmtModify":1695742469170,"author":{"id":4155277986918402,"idStr":"4155277986918402","authorId":4155277986918402,"authorIdStr":"4155277986918402","name":"Majidiza","avatar":"https://community-static.tradeup.com/news/8f8f6815e789c64d669eb5a29238bd3e","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>بِسۡمِ ٱللَّهِ ٱلرَّحۡمَٰنِ ٠</p>\n<p>قُلۡ هُوَ ٱللَّهُ أَحَدٌ ١</p>\n<p>ٱللَّهُ ٱلصَّمَدُ ٢</p>\n<p>لَمۡ يَلِدۡ وَلَمۡ يُولَدۡ ٣</p>\n<p>وَلَمۡ يَكُن لَّهُۥ كُفُوًا أَحَدُۢ ٤</p></body></html>","htmlText":"<html><head></head><body><p>بِسۡمِ ٱللَّهِ ٱلرَّحۡمَٰنِ ٠</p>\n<p>قُلۡ هُوَ ٱللَّهُ أَحَدٌ ١</p>\n<p>ٱللَّهُ ٱلصَّمَدُ ٢</p>\n<p>لَمۡ يَلِدۡ وَلَمۡ يُولَدۡ ٣</p>\n<p>وَلَمۡ يَكُن لَّهُۥ كُفُوًا أَحَدُۢ ٤</p></body></html>","text":"بِسۡمِ ٱللَّهِ ٱلرَّحۡمَٰنِ ٠ قُلۡ هُوَ ٱللَّهُ أَحَدٌ ١ ٱللَّهُ ٱلصَّمَدُ ٢ لَمۡ يَلِدۡ وَلَمۡ يُولَدۡ ٣ وَلَمۡ يَكُن لَّهُۥ كُفُوًا أَحَدُۢ ٤","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/224070688821264","repostId":1177712431,"repostType":2,"repost":{"id":"1177712431","pubTimestamp":1695740411,"share":"https://www.laohu8.com/m/news/1177712431?lang=&edition=full","pubTime":"2023-09-26 23:00","market":"us","language":"en","title":"This Is the \"Perfect\" Time to Buy Value Stocks on Sticky Inflation, Rob Arnott Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1177712431","media":"Bloomberg","summary":"Valuation spreads have widened anew on AI-sparked tech rallyOdds of a hard landing are rising, smart-beta pioneer saysWith odds of a hard landing rising just as inflation is set to re-accelerate, this","content":"<html><head></head><body><ul style=\"\"><li><p>Valuation spreads have widened anew on AI-sparked tech rally</p></li><li><p>Odds of a hard landing are rising, smart-beta pioneer says</p></li></ul><p>With odds of a hard landing rising just as inflation is set to re-accelerate, this is the time for investors to offload their expensive growth shares in favor of value stocks, says Rob Arnott, founder of smart-beta pioneer Research Affiliates.</p><p>Inflation is set to climb near 5% by year-end thanks to base effects, said Arnott, which will be a tailwind for cheap shares that have been neglected all year as investors dove headlong back into Big Tech stocks.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c26148998b9fda60805e3918c8d3d44a\" alt=\"\" title=\"\" tg-width=\"1200\" tg-height=\"675\"/></p><p>“The illusion of tumbling inflation helped to fuel the surge in growth relative to value,” he said in an interview on Bloomberg Television. “Now we’re experiencing the reverse of that.”</p><p>A longtime factor investor, Arnott has preached the value trade through thick and thin. But lately, his message has started to resonate as 10-year bond yields surge past 4.5% for the first time since 2007. A strategy that goes long cheap stocks and short the opposite is set for its best month in nearly a year, a Bloomberg index shows.</p><p>Arnott, whose firm runs about $130 billion, points to the market’s valuation spreads, which widened anew this year as expectations for lower inflation and optimism about artificial intelligence lifted the multiples of beloved tech stocks. The last two times those spreads hit similar levels in 2020 and 2021, a value resurgence followed.</p><p>In his view, the catalyst for a reversal could be anything from resurgent inflation to rising rates and recessionary fears. Any of these tailwinds are likely to boost the appeal of value shares, which offer the safety of near-term cash flows and modest valuations.</p><p>“It is wonderful for people who have enjoyed the growth run and been light on value to have a third chance to rebalance and take advantage of bargains,” he said before his television interview. “You don’t often get that. So I look at the current environment as being a just near perfect environment for value.”</p><p>To him, consumer prices are set to rise at a faster pace as they will now be compared to a lower base in the second half of 2022. Demand is also getting a boost from employees working from home, which is helping them save money for discretionary spending like vacations.</p><p>Even then he says the Federal Reserve should be cutting rates as a recession isn’t needed to slow inflation and more attention should be paid to supporting the private sector in boosting supply.</p><p>“We’re laying a foundation of relatively high odds of a recession and increasing odds of hard landing — and unnecessary hard landing,” he said on television. “If the notion is let’s raise until there’s evidence of a slowing, you’ve baked in several quarters of slowing by the time you notice.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Is the \"Perfect\" Time to Buy Value Stocks on Sticky Inflation, Rob Arnott Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Is the \"Perfect\" Time to Buy Value Stocks on Sticky Inflation, Rob Arnott Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-26 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-09-26/rob-arnott-says-perfect-time-to-buy-value-on-sticky-inflation?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Valuation spreads have widened anew on AI-sparked tech rallyOdds of a hard landing are rising, smart-beta pioneer saysWith odds of a hard landing rising just as inflation is set to re-accelerate, this...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-09-26/rob-arnott-says-perfect-time-to-buy-value-on-sticky-inflation?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NVDA":"英伟达","AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2023-09-26/rob-arnott-says-perfect-time-to-buy-value-on-sticky-inflation?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177712431","content_text":"Valuation spreads have widened anew on AI-sparked tech rallyOdds of a hard landing are rising, smart-beta pioneer saysWith odds of a hard landing rising just as inflation is set to re-accelerate, this is the time for investors to offload their expensive growth shares in favor of value stocks, says Rob Arnott, founder of smart-beta pioneer Research Affiliates.Inflation is set to climb near 5% by year-end thanks to base effects, said Arnott, which will be a tailwind for cheap shares that have been neglected all year as investors dove headlong back into Big Tech stocks.“The illusion of tumbling inflation helped to fuel the surge in growth relative to value,” he said in an interview on Bloomberg Television. “Now we’re experiencing the reverse of that.”A longtime factor investor, Arnott has preached the value trade through thick and thin. But lately, his message has started to resonate as 10-year bond yields surge past 4.5% for the first time since 2007. A strategy that goes long cheap stocks and short the opposite is set for its best month in nearly a year, a Bloomberg index shows.Arnott, whose firm runs about $130 billion, points to the market’s valuation spreads, which widened anew this year as expectations for lower inflation and optimism about artificial intelligence lifted the multiples of beloved tech stocks. The last two times those spreads hit similar levels in 2020 and 2021, a value resurgence followed.In his view, the catalyst for a reversal could be anything from resurgent inflation to rising rates and recessionary fears. Any of these tailwinds are likely to boost the appeal of value shares, which offer the safety of near-term cash flows and modest valuations.“It is wonderful for people who have enjoyed the growth run and been light on value to have a third chance to rebalance and take advantage of bargains,” he said before his television interview. “You don’t often get that. So I look at the current environment as being a just near perfect environment for value.”To him, consumer prices are set to rise at a faster pace as they will now be compared to a lower base in the second half of 2022. Demand is also getting a boost from employees working from home, which is helping them save money for discretionary spending like vacations.Even then he says the Federal Reserve should be cutting rates as a recession isn’t needed to slow inflation and more attention should be paid to supporting the private sector in boosting supply.“We’re laying a foundation of relatively high odds of a recession and increasing odds of hard landing — and unnecessary hard landing,” he said on television. “If the notion is let’s raise until there’s evidence of a slowing, you’ve baked in several quarters of slowing by the time you notice.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":121,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}