When the markets imploded in the Fall of 2008, most large US corporations:
(1) Significantly cut unnecessary spending
(2) Let go of unproductive and unnecessary personnel
(3) Straightened out their balance sheets and moved to large cash surpluses.
Things the Federal Government should be doing. ----------------------------------------------------------------
The other "Safe Haven"in the eyes of foreign buyers, mainly Asian buyers with a lot of money, are homes/estates in good climate/desirable areas in America. They are ponying up and buying $ million plus homes/estates to live in or as investments.
Inspite of Obozo, Reid, Pelosi and the rest of the rat Congress and Holder's efforts to ruin America, most of the world's population still sees America as the best place to live in and to invest in, or both.
Thanks.
I left out another key thing corporations have done since 2008 which the Federal Government should also be doing:
Pairing down debt!
Another reason why stocks of companies with sound balance sheets are almost always a good investment over the long run.