Salient to Investors:
Sy Harding says we are in the 8th inning of economic recovery. The economy and stock market face one more setback, created by the belt-tightening austerity measures necessary to bring down the record government debt level. The next set-back won’t be as severe, in part due to the record $2 trillion to $4 trillion in corporate cash, of which even a portion would offset much of the $80 billion a month of QE stimulus.
Read the full article at http://seekingalpha.com/article/1121511-previous-corporate-hoarding-of-cash-may-soon-become-a-big-positive?source=email_macro_view&ifp=0.