Value stocks tend to outperform in periods of rising inflation and rising interest rates, while growth stocks outperform in periods of falling inflation and low interest rates—reflecting different valuation environments rather than value's intrinsic superiority

factualpending

Speaker

Ben Carlson

Evidence Quote

value stocks tend to do better when inflation is higher rising and interest rates are higher rising...growth stocks...in an environment of falling inflation and very low interest rates

Source

Practical Lessons from Ben CarlsonExcess Returns
Created: 8/11/2026, 6:21:49 AM

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