Time To Buy Value…….Again?

Value Equities on a comeback? “The value spread between the cheapest stocks and the market widened starting in March 2015 and continued through January 2016 on recurring growth scares, retracing 2/3 of the entire 2013-14 value tightening cycle. As growth fears receded in Q1, the spread has tightened, but remains well wide of cycle lows, with half of a typical value cycle tightening remaining.” — Deutsche Bank May 18 Asset Allocation Strategy report. Value as a strategy underperformed the wider market throughout 2015 as growth stocks reigned supreme. Indeed, any funds following a value strategy were quick to point out in their…