CS: S&P 500 Overseas Cash Now Exceeds $3 TrillionRupert Hargreaves
CS: S&P 500 Overseas Cash Now Exceeds $3 Trillion
At least $750 billion in cash & nearly $2.3 trillion in earnings from S&P 500 companies is parked overseas according to a new research report on the topic from analysts at Credit Suisse.
The report, of a copy of which has been reviewed by ValueWalk, notes that the value of earnings parked overseas keeps growing and has hit a new high every year since 2007. The compound annual growth rate of earnings parked overseas was 18% between 2005 and . . .
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