$1.5 Trillion in Corporate Cash Is Coming to America (ZT)

https://finance.yahoo.com/news/1-5-trillion-corporate-cash-110058955.html

The biggest U.S. asset managers are going head-to-head to win a piece of a $1.5 trillion corporate cash comeback.

That’s the sum companies are expected to bring onshore under the U.S. tax overhaul passed last year, according to Invesco estimates . About $400 billion has already been repatriated, according to the firm

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Halfway into the year companies are still only beginning to respond to the changes.

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Fidelity is helping clients determine where to park their money, whether in government or prime market funds.

“Some of our clients have already completed those transactions, but the majority of our clients are still in the process,” Morin said.

 

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In the past few years American companies “were going to the debt market in the U.S. while building up these huge stores of cash abroad, especially while interest rates were near zero. Now they no longer need to issue debt,” he said.

Expect even more deal-making among cash managers, Granet added.

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想进股市的钱太多太多！！！！！

呵呵呵。。。。。。。