He explains: “As interest rates increase, valuations start to matter a whole lot more. Growth comes into focus, fears around recessions develop and stocks derate in price in line with the elevated risks in the macro environment”.Therefore, it was no surprise that counters that came under strain in 2022 were high-duration, high-growth stocks, or stocks that are pricing in elevated levels of growth for a very long period.
“We felt that the yields on these bonds were very low, even after the pandemic and essentially could only go up from there.” He adds: “We have seen some of that start to come through already, but margins are still a lot higher than we think they will be during a recessionary environment.”interest rates will peak next year and that it will result in interesting investment opportunities.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
QATAR 2022: Is Messi the greatest soccer player of all time?It’s okay to debate it – don’t let people ruin your fun. Because one thing is for sure, having an opinion about the game and expressing it is an inalienable right. Yes, he is 💛 He is...
Source: dailymaverick - 🏆 3. / 84 Read more »
ANC ELECTS 2022: Provincial leadership lashes Ramaphosa heckling by defiant ANC KwaZulu-Natal delegatesThe behaviour of a group of ANC KwaZulu-Natal delegates who heckled party president Cyril Ramaphosa on Friday has been condemned by the provincial leaders of the organisation.
Source: dailymaverick - 🏆 3. / 84 Read more »
ANC ELECTS 2022: ANC’s Integrity Commission to summon 97 leaders named in Zondo State Capture reportThe ANC’s ethical watchdog says it plans to engage with the 97 members named in the Zondo Commission report on State Capture who might have a case to answer. ANC 'ethical watchdog'..... oxymoron ClownsInTheANC VoetsekANC These three are cut from the same cloth If Zweli wins, they will be free....
Source: dailymaverick - 🏆 3. / 84 Read more »
SIMON BROWN: Lessons from 2022Much of what investors experienced this year was horrible. But in time the losses fade, or reverse, and the lessons learnt become invaluable tools for the future, writes SimonPB.
Source: FinancialMail - 🏆 20. / 63 Read more »
ANC ELECTS 2022 : Leadership nominations finalised after delays and horse-trading amid plentiful slate permutationsAlmost 48 hours behind schedule and after much caucusing, cajoling and horse-trading, the incoming ANC top officials were finally officially nominated early on Sunday. Voting was scheduled from 9am on Sunday morning. The list of clowns The ANC renewing itself, hmmmpf! 😏 How on earth can they run the country when they do nit have discipline and behavior in a manor that's required of a ruling party. After 28 years they still behave like hooligans. They need to learn from the Chinese to be extremely disciplined
Source: dailymaverick - 🏆 3. / 84 Read more »
The stories that made 2022: Tavern tragedies | News24Taverns across SA saw a wave of seemingly unexplainable violence in 2022, which was coupled with the shocking death of 21 teenagers at an overcrowded tavern in Enyobeni in East London. Here's a look back at the stories we told when tragedy struck: This was heartbreaking Nah you've already pulled the ring out of these stories over & over & over & over again.Give it a wide miss!
Source: News24 - 🏆 4. / 80 Read more »