Bond Outlook by bridport & cie, September 22nd 2010

So much money and so little do with it! Corporations, already cash rich, are raising still more liquidity by issuing bonds, and there is no shortage of uptake. Yet they are not deploying these funds in a positive way for the economy. Very few are investing to expand their businesses. Some funds are being deployed in acquisitions, but that does little for employment since efficiencies through lay-offs are always the result of combining firms.