Skip to content
Subscriber Only

Value Quant Trade Drops Near 1970s Lows in Covid Crash Echo

  • Cheap-looking stocks underperform in omicron-spurred selloff
  • Bernstein bullish on factor on stronger earnings upgrades
Updated on

Value stocks are getting crushed again by bad Covid news in a fresh blow to their long-suffering fans in the quant community.

With governments re-introducing restrictions in the face of the omicron variant, the case for buying cheap companies typically tied to the business cycle is faltering on risk aversion and the deteriorating economic outlook.