Excess Returns  cover image

An Evidence-Based Approach to Markets with Larry Swedroe

Excess Returns

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Why Value Stocks Should Do Better When Interest Rates Are High?

Growth stocks are longer duration assets because more of their future care flows come further out. But when you have greater risk, then the risk premium is going to go up. And that's an argument for why value stocks should do better. Value has gotten incredibly cheap because we were in a growth bubble.

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