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Abnormal Returns:  Monday links: hoarding cash

Minyanville:  Swimming in Cash, But Still Feeling Poor

The Big Picture:  Afternoon Reads

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Division of Labour:  Regime Uncertainty?

Capital Gains and Games:  Idle Cash

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Jittery Companies Stash Cash http://tinyurl.com/yaqofz6 @YouriCarma 11/3/2009

RT @BrentDPayne @dannysullivan @wsj story on companies hoarding cash, Google has $22 BILLION, double from last year http://bit.ly/1FLUjv 11/2/2009

RT @dannysullivan: reading @wsj story on companies hoarding cash, google has $22 BILLION, double from last year http://bit.ly/1FLUjv..EVIL!! 11/2/2009

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Monday links: hoarding cash
Abnormal Returns — ... America’s biggest companies are “hoarding” cash at a record rate. (WSJ also ...

Swimming in Cash, But Still Feeling Poor
Minyanville — ... cash and hunkering down: Personal savings increased to $355.6 billion in September from $307 billion in August, boosting savings as a percentage of disposable income to 3.3% in September from 2.8% in August. Year-over-year, money saved in September rose 153.5% from $140.4 billion saved in the same month a year ago. There appears to be no immediate relief in sight. Instead of creating new jobs, the corporate sector is choosing instead to sock its cash away, just like consumers. The Wall Street Journal ...

Afternoon Reads
The Big Picture — Most linkfests involve me discussing what I have read. Today, I am posting a list of what I would be reading, if I was doing my normal commute, time in the office, etc. • Jittery Companies Stash Cash (WSJ) • Please Listen to Sheila Bair (Dealbook) • The Easy Money’s Been Made (Barron’s) • Can Citigroup Carry Its Own Weight? (Sunday NYT) • Goldman Looks to Buy Fannie Tax Credits (WSJ) • Left/Right Politics gets interesting: -The GOP Establishment ...

Regime Uncertainty?
Division of Labour — How about cap & trade? | Main November 02, 2009 Regime Uncertainty? Jittery Companies Stash Cash Posted by E. Frank Stephenson at 05:35 PM in Economics [image]

Idle Cash
Capital Gains and Games — This article illustrates a point I tried to make in my last column, that the decline in the volocity money--its rate of turnover in the economy--is at the core of our economic problem. It's why I think that policies to stimulate spending are necessary to turn things around. http://online.wsj.com/article/SB125712303877521763.html ...

Contraction in Bank Credit Worse This Time Around
Minyanville — ... ) were hoarding cash as if another crisis were on the way. Also, a Wall Street Journal article entitled Jittery Companies Stash Cash showed that cash on the balance sheets of S&P 500 companies was the highest in 40 years. The chart below, courtesy of economist David Rosenberg of Gluskin Sheff & Associates, shows that credit is still contracting as banks go through the painful process of repairing their balance sheets. As indicated, bank lending has now declined for 21 weeks in a row and over this entire time frame, a total of $216 billion (15% at an annual rate) of loans ...

Top clicks this week on Abnormal Returns
Abnormal Returns — ... What Goldman Sachs (GS) likes in the commodity space.  (The Pragmatic Capitalist) The Periodic Table of Finance Bloggers. (The Reformed Broker) Should we feel sorry for any one following Jim Cramer’s stock calls?  (The Davian Letter) America’s biggest companies are “hoarding” cash at a record rate. (WSJ) Maybe we should link to more non-investment related items.  Below are ...