BlackRock's Despirito Sees 'Blowout' U.S. GDP Rebound

The video discusses the anticipated economic recovery in the United States, driven by strong fiscal and monetary policies, global coordination, and consumer confidence. It highlights the potential for significant GDP growth and strong earnings, which are expected to boost the stock market. Despite a consensus on the rotation into cyclical stocks, hedge funds remain cautious, suggesting further opportunities in the market. Historical analysis shows that value stocks typically outperform in recoveries, indicating a similar trend in the current cycle.

What does the text suggest about the stock market's performance during the economic recovery?

What historical trend regarding value stocks is mentioned in relation to economic recoveries?