It has been a difficult year for stocks generally, and especially growth stocks. As inflation spiked and interest rates followed, the hit to growth stocks, with the bulk of their profits well out in the future, has been especially large. After all, Microsoft (NASDAQ: MSFT) has been able to consistently grow by double digits in most quarters over the past decade, especially under CEO Satya Nadella, who took the helm in 2014. Read More...
It has been a difficult year for stocks generally, and especially growth stocks. As inflation spiked and interest rates followed, the hit to growth stocks, with the bulk of their profits well out in the future, has been especially large. After all, Microsoft (NASDAQ: MSFT) has been able to consistently grow by double digits in most quarters over the past decade, especially under CEO Satya Nadella, who took the helm in 2014.
