Zero Hedge has “3 Charts On The ‘Real’ Deteriorating State Of Corporate Balance Sheets,” but it was the third one that really caught my eye.
The caption reads:
Margin Improvement is no longer broad-based (as we noted recently, costs are increasing faster than revenues which compresses margins rapidly and in the worst case chews through [sic] that stickpile of cash – hence the other two charts).
As previously noted, throwing money around won’t help at all in a poisonous business climate.
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