"Companies that are swimming in cash reserves are using their money to artificially boost " There is nothing artificial about it CFO's are reacting rationally

"Companies that are swimming in cash reserves are using their money to artificially boost " There is nothing artificial about it CFO's are reacting rationally to the credit situation that they do not control. Consider that labour markets are tight, and 'productive investments' are not easy to make. They are generally very risky.