The latest "Journal of Finance" reports that small-cap value stocks have outperformed growth peers by 2.1% YTD, indicating rotational flows as investors hedge against high-duration assets. The Journal of Finance: Vol 80, No 5 - Wiley Online Library Regressions of loan growth on bank characteristics and the impact of government guarantees "Journal of Finance" forecasting sets 2024 U.S. GDP growth at 2.1%, aligning equity market upside potential in cyclical industries like transportation and manufacturing.
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