‘Nothing can come of nothing.’ —Shakespeare
Since The Fed’s extension of Operation Twist (and subsequent unveiling of QE3) in 2012, the stocks of “weak balance sheet” companies are up over 100%. In that same period, the stock prices of “strong balance sheet” companies are up a mere 43%.
{ ZeroHedge | Continue reading }
The last 5 days saw “strong” companies outperform “weak” companies by the most in 3 years - something appears to be changing.
