An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, December 4, 2017
SP Cash Levels
Cash levels at all time highs.
Cash in the S&P 500 Industrials (Old) sets record for Q3,’17 with $1.58 Trillion, up $50 billion in Q3,’17; Information Technology dominates with $730 billion in cash
Right. It's obvious that corps don't need a tax cut to invest. They have the ammunition already and are holding fire.
ReplyDeleteAll they are going to do is buy back shares and do some dividends ...
ReplyDeleteThen some “trickle down” will happen...