Companies Are Hoarding $1,000,000,000: Atlas Shrugged?

Posted by in Investing

I grabbed the image below from the Globe and Mail, a Canadian newspaper. It shows the tally of the money being held by companies. Sure a strong cash balance is good, but when the numbers are this high it means vital investments are not being made to ensure future growth. Fans of Ayn Rand should recognize this situation -- heads of corporations are practically going on strike.

Companies Hoarding a Trillion Dollars
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