Well over $1 trillion in cash is now held by S&P 500 companies. However, the vast majority of corporations are too scared of the economic environment, ]to act and employ the funds.
You can’t blame them, when they worry about encroaching taxation and regulatory agencies in Washington. The administration keeps informing them by word and bureaucratic action that it’s ready to impose anti-business diktats, over which Congress has often no vote or power to control. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.
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