Earnings are still holding up, but the era of broad beats and easy momentum may be fading. Mega-cap tech is still leading, but the gap is narrowing, AI spending is surging but becoming more uneven, and investors are getting far more selective about what they reward.
So are we at an inflection point, from momentum-driven gains to a market that cares more about valuations, quality, and fundamentals? And could that mean a comeback for GARP investing?
On Wealth Tracker, Debbie Yong speaks to Rahul Ghosh, Portfolio Specialist in Equity Division, T. Rowe Price, to find out more.

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