Quantitative Easing – Net Asset Purchases for G-7 Central Banks

Quantitative Easing – Net Asset Purchases for G-7 Central Banks Net asset purchases for G-7 central banks approached $1.4 trillion in March. To put things in perspective, this is more than five times higher than the previous peak of $270 billion in April 2009. Image: Bloomberg

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

Rolling 12-Month Buyback Announcements

Rolling 12-Month Buyback Announcements Stock buyback announcements continue to increase, which is good news for stocks. Image: J.P. Morgan US Equity Strategy and Global Quantitative Research

Global Earnings Revision Ratio

Global Earnings Revision Ratio The global earnings revision ratio is still improving. Image: BofA Global Quantitative Strategy

Inflation vs. S&P 500 Trailing P/E

Inflation vs. S&P 500 Trailing P/E The U.S. equity market tends to see multiple compression when inflation rises (R² = 0.54). Image: BofA US Equity & Quant Strategy