Uncertainties mount over US economy’s path

Looking for value: A Wall Street sign outside the New York Stock Exchange. Analysts across Wall Street are dampening their expectations for stocks. — Reuters

NEW YORK: Some investors are playing this year’s tug of war between so-called growth and value stocks by owning companies that straddle the line between the two categories, as uncertainties mount over the United States economy’s trajectory in the months ahead.

Value stocks, which trade at comparatively cheap multiples of their fundamentals, surged in early 2021 as hopes of an economic rebound boosted the shares of banks, energy firms and other economically sensitive names after years of underperformance.