It may not be as apparent from the overall stock index, but over the last couple months high growth companies that are not yet profitable have gotten killed as well as other Risk On Assets. There has been a general rotation to valuing low risk profitable companies, and energy.
Is Unprofitable Growth Dead?
Is Unprofitable Growth Dead?
Is Unprofitable Growth Dead?
It may not be as apparent from the overall stock index, but over the last couple months high growth companies that are not yet profitable have gotten killed as well as other Risk On Assets. There has been a general rotation to valuing low risk profitable companies, and energy.