Sperry8

Growth vs. Value ETFs: The Debate Rages On

According to Ken Fisher... value outperforms when the yield curve starts to flatten and growth outperforms when it starts to become steep again. The yield curve is currently steep (300bps) so value should start to outperform. Although you say typically growth leads out of a recession, he feels its not the end of the recession that causes this, but rather the yield curve (us based in the us and global yield curve globally).