As Wall Street debates the timing for Federal Reserve stimulus cuts, investors have already shifted gears, targeting well-heeled companies that can weather a slower-growing economy.
S&P 500 firms with strong balance sheets have outperformed those with shakier finances for three straight months, the longest stretch since May 2020, according to data compiled by Goldman Sachs Group Inc. and Bloomberg. That’s a reversal from the start of 2021, when shares in companies with tattered finances thrived as the economy reopened, beating quality firms by the most on record.
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September 04, 2021 at 03:11AM
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Peak Everything Puts Shine on Equity Market's Sturdiest Stocks - Bloomberg
"peak" - Google News
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