Since 2018, high PE stocks have steadily replaced lower-valuation companies, driven by new entrants from fintech, consumer discretionary, and healthcare. Meanwhile, older economy stocks, including oil & gas, industrials, and traditional lenders, have been phased out. This shift reflects evolving market dynamics favoring growth sectors over legacy industries.
Global sentiment shift reflects depth of tariff war fatigue: Seth R Freeman
Seth R Freeman from GlassRatner Advisory suggests that long-dated bond yields might slightly decline, offering temporary relief amidst ongoing uncertainty. The US court’s tariff setback,