The spectacular performance of these seven companies is "leaving an impression of the March sell-off as if it were a mere blip in the still roaring bull market of yesteryear," said Andrew Lapthorne, the global head of quantitative research, in a recent note.
The historical script derived from these severe episodes includes a crash in the equity factor that prizes the best-performing stocks — also known as momentum — after a market bottom. Defensive stocks that offered protection on the way down also fell out of favor historically as investor money rotated to cyclical companies that benefited from the recovery.
Lapthrone further isolated crises that bear some semblance to the ongoing one in order to find out whether any major differences exist. This time, investors' alignment has largely been to the big tech stocks that are benefiting from remote work and communication — not necessarily those traditionally tied to economic recovery.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tom Brady is selling his highly customized Cadillac Escalade for $300,000 — see inside - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. look like a funeral car In my country this car would be used by Funeral Parlours only 🤣🤣 Looks more like a hearse.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market bubble forming, cheap strategy to hedge: Bank of America - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
UK Parliament voices cash infrastructure concerns - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
LendingArch is expanding to the US - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »