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don’t ditch all your ASX growth shares

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ASX growth shares may have deflated the last few weeks, but one expert has warned investors to not fall into the trap of going “all in” on value shares.

Overnight, the US Federal Reserve indicated interest rates would remain at zero until at least 2023, and it would tolerate inflation that may come in the meantime.

This boosted share investor confidence, pushing up US markets as well as the ASX in early trade Thursday.

DeVere Group chief Nigel Green said the Fed had a “tricky” two-day meeting this week.

“They had to communicate a balance between a COVID-scarred economy and a booming outlook.

“It was a fine line to walk and, clearly, they don’t want to hamper a recovery that’s just getting going.”

Investors exhale,…



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