(Harvest) Should investors be overweight to both growth and value? Is it even possible? The stock market is at an interesting point today, currently enjoying one of its longest expansions on record. As history has all-too well demonstrated, though, the good times won’t last forever. At some point, something has to give— but when? For many investors, looking to maximize their returns before the clock runs out on today’s bull market, the fear of missing out by adopting a defensive strategy too early is very real.
We get it. After all, who wants to leave the party when the music is still blasting? That’s why, at Russell Investments, we’re looking at equity positioning differently amid today’s market environment. As a multi-asset manager that believes in active management, we’ve noticed that rising short-term interest rates typically improve prospects for growth managers, while increasing earnings growth tends to give value managers a boost.
