Not exact matches
In the first quarter, European
equities in particular benefited from the European Central Bank's initiation of a larger than expected
quantitative easing
program.
The hard truth is that although rising valuations can continue a while longer, particularly if the European Central Bank or Bank of Japan add to their own
quantitative easing
programs, valuations, especially those for U.S.
equities, are already high.
The prospect of the Fed scaling back the size of its
quantitative easing
program boosted bond yields and temporarily unsettled
equity markets this spring.