These slugs now getting 5.5% free munnie on 6B from the Biden Fed… B annual for doing nothing… probably a lot tax free in foreign accounts…. ?And the Art degree Monetarist morons think this is somehow bearish? ?Cash on hand: Apple: 7 billion Berkshire: 0 billion Microsoft: 8 billion Amazon: billion Meta: billion Tesla: billion This is wild ?— Matt Allen (@investmattallen) August 8, 2023
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
These slugs now getting 5.5% free munnie on $576B from the Biden Fed… $32B annual for doing nothing… probably a lot tax free in foreign accounts…. ?
And the Art degree Monetarist morons think this is somehow bearish? ?
Cash on hand:
Apple: $167 billion
Berkshire: $150 billion
Microsoft: $118 billion
Amazon: $65 billion
Meta: $53 billion
Tesla: $23 billionThis is wild ?
— Matt Allen (@investmattallen) August 8, 2023