 Here’s a quote from an article on today’s CNBC website:
Those eye-popping totals come on top of the nearly $2 trillion in cash that corporations have on the sidelines. “Why do nonfinancials have a trillion-plus in cash equivalents? There is a reason they do—it’s uncertainty out there,” says Bob Andres, CIO and wealth strategist for Merion Wealth Partners in Berwyn, Pa. “It’s not that they’re simply borrowing money at a very low cost and putting money on the shelf. They don’t see the opportunity out there. That works against the equity market.”
Read Full Article Here
 Don Appleby has served since 2004 as an adjunct assistant professor at the University of Alabama at Birmingham where he teaches in the Information Engineering and Management Program. He has over three decades of professional experience in the information technology industry. Prof. Appleby is retired from IBM. Thanks to ProfAppleby.com
|
Don Appleby has served since 2004 as an adjunct assistant professor at the University of Alabama at Birmingham where he teaches in the Information Engineering and Management Program. He has over three decades of professional experience in the information technology industry. Prof. Appleby is retired from IBM. Thanks to ProfAppleby.com
