How Amazon, Microsoft's growth went from 'stupendous' to 'nice'

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Research Affiliates' Rob Arnott discusses the shift in perception of growth and value stocks, specifically highlighting Amazon and Microsoft's growth, and shares his views on fiscal stimulus and its impact on wealth and asset bubbles.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Research Affiliates Founder and chairman of the board Rob Arnott sits down with Market Catalysts Anchor Julie Hyman to have a conversation dissecting Wall Street's perceptions of growth and value stocks (^DJI, ^IXIC, ^GSPC), going on to make such cases for Magnificent Seven tech companies Nvidia (NVDA), Amazon (AMZN), and Microsoft (MSFT). Also watch Rob Arnott share his perspective on how fiscal stimulus mainly works to bolster wealth and asset bubbles, not the economy. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.

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Original article published by Unknown on January 16, 2026.
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