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 Stocks Have Experienced Catastrophic Declines JPM: Trend Following Strategies Are Now Driving Oil Prices [timeless] However, while it is widely believed that companies invest their…
JPM “Unprecedented Run Of Corporate Savings” Has Been Pushing Stocks Higher
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