Why are the Billionaires scared? Archives

daniel December 6, 2019 Bank of New York Mellon, BNY Mellon, BNY Mellon (NYSE: BK), BNY Mellon Has a Lot of Cash, Corporate America is Hoarding Cash, How Much Cash does BNY Mellon Have?, How Much Money is BNY Mellon Making?, What BNY Mellon can tell us about the Economy, Why are Billionaires Hoarding Cash?, Why are Companies Hoarding Cash?, Why are Hedge Funds Buying BNY Mellon?, Why are the Billionaires scared?

What BNY Mellon can tell us about the Economy

I think the hedge fund managers are buying BNY Mellon because they want companies with lots of cash. I suspect hedge fund bosses want cash-rich companies because they think a market correction or market turbulence is imminent.