Cash Remains King as Companies Close a Dismal Second Quarter

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“Liquidity is still an asset we want to have in our back pocket.” America’s biggest companies hoard cash to ride out the pandemic and economic crisis.

Hilton sold loyalty points. Lennar stopped buying land. America’s biggest companies are hoarding cash to ride out the pandemic.

Over nearly five decades, Carnival amassed a global fleet of cruise ships. But in the face of a pandemic, health authorities and passengers are questioning whether operators like Carnival can set sail safely going forward. WSJ's Carter McCall explains. Photo: Getty Images

 

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TOMPA813-FLORIDA OF COURSE.

The Changes are ?TBD

This is the dollar disease described by Irving Fisher! I hope the US will not experience deflation! That is the next part of the story Fisher told.

At least we're finally calling it what it is. Hoarding

Straight from the Treasury to the top 98%! Oh wait did I get the math wrong?

Money they got from the sale of their junk bonds to the FED?

Trickle down....

❤😍

Smart investors always examine a company’s Balance Sheet prior to investing!

not only to ride out the pandemic! To pick up the deals when it’s over!

A lesson to us all... If you buy something with borrowed money, you can end up paying double...

seanhgeorge Fresh cash don't smell bad, lol Among gold and silver, watches and clocks etc, my father had incredibly amount of very old cash, coins. It must have been.special but unusful...

Monopolies always getting their way is part of the problem

But this is what you really need to know

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