Quote:
Originally Posted by Cowperson
USA businesses are sitting on $1.8 trillion in cash right now.
They're not putting it towards new equipment or employees as they wait to see what Obama does with the regulatory and taxation environments.
There is plenty of ammunition our there to fuel a recovery.
And, if remember right, capacity utilization was also rising precipitously.
But things have definitely stalled out since the late Spring.
Cowperson
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I agree there's enough money on the sidelines. Except first things first and that's housing has to stop going into a deflationary spiral. Too many families in the US are behind the 8 ball and in negative equity. That has to change and it might just be a little time with sideways growth for households to shore up their own balance sheets. At some point there will be strong growth and expansionary times ahead.