READY TO SPEND: Inasmuch as one of corporate America’s favorite things to do with its spare cash is to use it to fund share repurchases, I am very much in favor of this chart.
Or maybe the cash might go to fuel an M&A frenzy! That would be good, too.
Oh, and while I’m on the topic of what might help propel stock prices higher, NYSE margin debt hasn’t been this low in years.
Lots of buying power on the sidelines
By Thomas K. Brown,
READY TO SPEND: Inasmuch as one of corporate America’s favorite things to do with its spare cash is to use it to fund share repurchases, I am very much in favor of this chart.
Or maybe the cash might go to fuel an M&A frenzy! That would be good, too.
Oh, and while I’m on the topic of what might help propel stock prices higher, NYSE margin debt hasn’t been this low in years.