Recent BoA survey

Re: That's a new one -- brownhound
Posted by savvvvvywhat , Sat, Dec 30, 2017, 10:00:01 Post ReplyTop of ThreadReviews by savvvvvywhatFirst Amendment Message BoardMain site

A recent BoA survey showed that of the 300 Fortune 500 CEO's they surveyed, only 14% said they'd reinvest in equipment. The rest said they'd pay down debt or buyback shares.

The last tax holiday in 2004 led to massive share buyback and little reinvestment. It's factual and someone as sharp as you can find the data.

Yeah, plowing profits back into capital equipment is a "new one".

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