Inflation is forecasted to rise further in the coming months owing in-part to the Russia-Ukraine war. And anticipated aggressive interest rate increases by the Federal Reserve could keep the stock market under pressure. However, the expected economic recovery should help growth stocks rebound soon.
Investors’ interest in the growth stocks is evidenced by the SPDR Portfolio S&P 500 Growth ETF’s (SPYG) 6% returns over the past month, versus the SPDR S&P 500 Trust ETF’s (SPY) 5.2% returns.
