You got the CBS…!
And the ABC…!
You got Time and Newsweek!
Well, they’re the same to me!
Now don’t you wanna get right with me?
Puzzling evidence
I hope you get everything you need
Puzzling Evidence
Puzzling evidence
Puzzling evidence
Puzzling evidence
Done hardened in your heart.
Talking Heads, Puzzling Evidence
The Nasdaq big cap techs have powered up to a new all time high. Looking a little parabolic there guys, even if the prospects of repatriating all that cash stashed in overseas tax havens can come back to your pockets for acquisitions, dividends, and stock buybacks.
Alphabet, the behemoth formerly known as Google, has about $50 billion in cash sitting overseas.
I happened to notice today the the year over year growth in the MZM money stock has fallen to its lowest level since it bottomed in 2010 in the aftermath of the financial crisis.
This post was published at Jesses Crossroads Cafe on 27 April 2017.
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