Investors often make the point that earnings drive stock returns. And earnings also determine which stocks are leading the market at a given point in the economic cycle. For example, late in a cycle, it is not unusual to see growth stocks outperforming the market, as investors believe their earnings will hold up better in an environment of slowing economic growth.
Om dit artikel te lezen heeft u een abonnement op Investment Officer nodig. Heeft u nog geen abonnement, klik op "Abonneren" voor de verschillende abonnementsregelingen.
