Market

When everyone else is complacent, it is always a good time to be cautious.

I don't remember the last time I saw so little volatility in the market for so long.

Is this a function of the growth and larger footprint of passive investments in today's market?

It is about time! Businesses spending on CAPEX. Imagine that!

Corporations have several choices in using their cash flows.

- Pay a dividend

- Buy back shares

- Pay down debt

- Buy other companies

- Invest in their business