Central Banks – Quarterly Pace of Fed, ECB, BoJ, BOE Net Purchases (Quantitative Easing – QE) The pace of global central bank purchases is expected to turn negative in Q1 2022. Image: BofA Global Research
S&P 500 – Quantity-On-Loan on the SPY U.S. ETF This short interest proxy on SPY US ETF has increased significantly since the FOMC meeting. Image: J.P. Morgan
Quantitative Easing (QE) – Total Assets of the Federal Reserve Are investors facing a reality of QE to infinity and beyond? Image: BofA Global Research
G10 Central Bank Expected Average Monthly Quantitative Easing (QE) in 2021 Central banks are expected to provide more liquidity to markets in 2021. Image: Morgan Stanley Research
Valuation – S&P 500, Nasdaq 100, S&P 400 MidCaps and S&P 600 SmallCaps without Quantitative Easing (QE) Chart suggesting that without QE, the S&P 500 should be around 1,800 and the Nasdaq 100 around 5,000. Image: Societe Generale Cross Asset Research
S&P 500, U.S. Bond Yields and Quantitative Easing (QE) Since QE, the S&P 500 has been increasingly driven by U.S. yields. Image: Societe Generale Cross Asset Research
Quantitative Easing (QE) – Quarterly Pace of Central Bank Purchases Should investors worry about QE fading? Image: BofA Global Research
Quantitative Easing (QE) and Bond Yields Bond yields tend to move higher after QE starts. So far, however, QE seems to have a different effect on the bond market. Image: J.P. Morgan
Quantitative Easing (QE) – Fed Asset Purchases This chart puts QE4 into perspective. Image: BofA Global Investment Strategy
Fed Quantitative Easing (QE) and NTM P/E After the Fed launched quantitative easing (QE), history suggests that there is a positive correlation between QE and a rising stock market. Image: Fidelity Investments