By Invesco US - Blog on Aug 1, 2018, in Equities
Could we see an increased market focus on quality and valuation as the strong earnings upgrade cycle appears to fade?
Posted by Mark McDonnell, CFA®
Confidence in global synchronized economic growth has fostered a momentum-driven market since early 2017, with many investors buying companies with positive earnings outlooks but showing little regard for valuations. This type of market can be tough for the Invesco International and Global Growth team, as valuation is an important aspect of our Earnings, Quality and Valuation ((EQV)) investment