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
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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