American Corporations Continue To Sock Away Cash At Highest Levels in Last 50 Years Hot

shigginsshiggins  
 
0.0 (0)
Write Review

Nonfinancial companies are holding $1.9 trillion in cash, or 7% of all their assets, which is the highest level since 1963, according to the Wall Street Journal.


On the one hand, that’s a very healthy development as it reflects a successful round of cost-cutting and higher profits in reaction to the economic crisis.


On the other hand, it implies a troubling lack of confidence in the recovery, since these assets are not being deployed for hiring and expansion purposes.

This Website Is For Financial Professionals Only


User reviews

There are no user reviews for this listing.
Already have an account? or Create an account