The race is not always to the swift nor the battle to the strong, but that's the way to bet. (Damon Runyon) During the past 9 months or so, the overall asset mix in the stock market has rotated from growth to value and from the technology sector to more defensive asset mixes such as energy and commodities. Now, as the fears of inflation and rising rates are starting to recede somewhat, the trend is heading back to growth again as investors are gradually willing to take on more risk.