Wednesday, August 4, 2010
Corporate America is borrowing at record low rates
Corporate America is borrowing at record low rates. U.S. nonfinancial companies have a record $837 billion of cash on their balance sheets. Both are the ingredients for a surge in corporate takeovers. Mix in a healthy helping of Fed's newly affirmed fear the money supply might not grow fast enough, and the long case for stocks looks compelling.
Posted by CoreCap at 5:53 AM
Subscribe to: Post Comments (Atom)
Post a Comment