Tornado Alley (PROG)

[fuagf]

spooked? .. is that why companies are hoarding cash? .. a bit ..

No spending, no jobs, disaster. Clearly, it’s time to prepare for the worst. Or is it?

There is an alternative way of thinking about these corporate cash piles,
Lombard Street Research’s Jamie Dannhauser wrote in a client note this week:

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The severity of the financial crisis means US corporate behaviour may be permanently altered. If anything,
the secular upward trend in desired cash balances is likely to be strengthened in the years ahead.
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http://qz.com/98877/a-brand-new-reason-us-companies-arent-spending-their-cash-hoard/