Translation: companies have more cash on hand to do whatever with? Invest, pay out as dividends, whatever?
If that be so, one caveat that Peter Lynch used to note: The Bladder Theory of Corporate Finance - “… as propounded by Hugh Liedtke of Pennzoil: the more cash that builds up in the treasury, the greater the pressure to piss it away.”
What I’m seeing there is that low interest rates bode well for the econ. That either means things are going to be looking up for us eventually, or it means that this is as good as it gets and when rates go back up we’re SOL...