Posted by Leonard Steinberg on January 11th, 2012 In a recent Wall Street Journal article a survey of those with investable assets of $ 30m+ revealed that the rich prefer commodities, real-estate, private companies in 2012 to place their investable dollars. 48% plan to increase their allocation to commodities in 2012, and 45% of respondents are looking to… [Read More]
CORPORATION + PRIVATE CASH SAVINGS UNLEASHED
This morning’s Wall Street Journal reports that one year removed from the trough of the recession, American corporations continue to hoard more cash than ever. There are now tentative signs that they are finally comfortable using the money to do some shopping. The 382 nonfinancial firms in the Standard & Poor’s 500 that have… [Read More]