Does Quantitative Easing Affect Valuation?

Does Quantitative Easing Affect Valuation? More fundamentally, low interest rates, high margins, low taxes, buybacks & free cash flow drive stocks higher. Image: Fidelity Investments

U.S. Quant Mutual Funds

U.S. Quant Mutual Funds 2019 was another tough year for quant mutual funds, as just 15% beat the U.S. stock market. Image: Financial Times

Total Returns by Decade

Total Returns by Decade History suggests that over a 10-year time horizon, returns are rarely negative. Image: BofA US Equity & Quant Strategy

BofA Bear Market Signposts

BofA Bear Market Signposts Currently, 9 bear market signposts have been triggered vs. 15 on 10/18 market peak. Image: BofA US Equity & Quant Strategy Click the Image to Enlarge