The stock market just experienced the most seismic shift from growth to value since Lehman Brothers, says Nomura
July 31, 2018 at 13:45 PM EDT
Some of the most popular bets in the U.S. stock market have gotten pummeled in recent days, leading one analyst on Wall Street to declare it one of the biggest rotations from growth to value stocks since the gyrations that occurred in the aftermath of the bankruptcy of Lehman Brothers back in mid September 2008.