The lists of the best performing and worst performing stocks in the ASX200 during 2016 told a dramatic narrative of a reversal of fortunes between growth stocks and resource stocks. One month into 2017, and we have evidence of this continuing. BHP and RIO are up 11.2% and 14.4% year-to-date respectively. Meanwhile, several prominent growth stocks have had a rough start to the year, with Aconex being the latest market darling to be sold off more than 40% in a session after an earnings miss. As a backdrop, we have also seen bond yields start to tick up again. To gain an understanding of whether this is the beginning of a longer-term trend, and if it is, how to approach it, we asked Sean Fenton of Tribeca Investment Partners, Vince Pezzullo of Perpetual Equity Investment Company, and Simon Shields of Monash Investors for their views on this subject for Livewire’s first Buy Side Brief of 2017.