Value Stocks Provide Some Refuge When Stocks Fall Hard
The Coronavirus is on everyone’s mind as the stock market falls. As a net purchaser, I hope stocks keep falling and I hope they stay down for several years. That will bode well for investors who are adding money to cap-weighted ETFs. But it might not look as good for investors in high growth stocks and growth ETFs. In fact, if such investors like tilting to a “factor” they should consider tilting the other way. I explain that, with this globe and mail story which was published today.