Of First-Quarter Dampeners and Mega M&A-s on Resurgent(-ish) US Economy

Joe Quinlan, Managing Director and Chief Market Strategist, US Trust-Bank of America Private Wealth Management in New York, discusses hedge funds, for the first time, losing money for three consecutive months despite being in a rising market.
He offers a view on the "sharp rotation in the US size and growth/value trades", provides some comments on emerging market stocks, the rebound in high current account deficit countries and whether he would momentum trade stocks in the Eurozone periphery (or its Financials), due to the the prospect of ECB QE.
Quinlan also discusses the steady stream of mega-mergers since September and whether he expect this trend of mega-M&A mania to continue.