Deutsche Bank Says the Value Stocks Rally May Have Gone Too Far
- Analysts say outperformance versus growth stocks ‘overdone’
- Economic trends don’t support continuation of the rally
What Could Derail the Rally in Equities?
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One of the surest investing strategies of recent months is coming unstuck.
Analysts at Deutsche Bank AG are calling time on the outperformance of European value stocks. They’re predicting a cooling-off in the growth expectations that have boosted these shares, selected for their cheap earnings multiples, and recommend investors assume an underweight position.