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Dec 04 2020

November’s Giant “Low Quality Stock” Rally

  • Dec 4, 2020

While quant managers watched their factors failing one by one, and market bears stared at the tape in disbelief, the number of retail investors continued to multiply and we witnessed a dramatic performance advantage for low quality stocks. Are we entering a prolonged “junk-rally” cycle? 

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About The Author

Jun Zhu / Sr. Research Analyst & Co-Portfolio Manager