Gabelli's column

This Macro-Driven Volatility is an Opportunity for Value Investors


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  1. "The Fed is trying to thread a needle to execute a soft landing that beats inflation and avoids a recession. As investors wait for positive momentum, we see this macro-driven volatility as an opportunity.
  2. "Growth stocks have substantially outperformed value stocks to start 2023, and we believe this creates an opportunity for us Value Investors."
  3. "Rising interest rates will put a premium on the near term cash flows, which we prize in our stock selection process. Inversely, this has pressured and will continue to pressure growth stocks that have longer dated cash flow expectations."