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Companies and banks are healthier and more asset rich than they have been for decades.
by KaoruAoiShiho 7y ago
Companies and banks are healthier and more asset rich than they have been for decades.
- AlexandrB 7y agoSome companies are, some are not. Many have been juicing their stock price with stock buybacks at the expense of cash reserves (see Boeing).
- KaoruAoiShiho 7y agoBoeing has nothing to do with the current situation and it's not really under any more pressure presently even if there is a temporary downturn.
- AlexandrB 7y agoThat’s an odd assertion considering how much the airline industry is going to hurt for the next 6+ months. I’m sure both Boeing and Airbus will see a drop in orders as their customers teeter on the edge of bankruptcy.
- KaoruAoiShiho 7y agoCould be wrong, but my understanding is that the aircraft industry is supply not demand constrained.