JPM “Unprecedented Run Of Corporate Savings” Has Been Pushing Stocks HigherRupert Hargreaves
An unprecedented run of elevated corporate savings has been a defining feature of the secular stagnation thesis since the Lehman crisis claims a new report from JP Morgan’s Global Asset Allocation team headed by Nikolaos Panigirtzoglou.
According to the report, G4 non-financial corporate have accumulated more than $2 trillion in cash assets, bringing the total corporate cash pile to $7.7 trillion, since the Lehman crisis as they have prioritized saving over investment.
- 40% Of All . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.