This equity market weakness shouldn't last too long. Signs of strength are building in the commercial paper market.
Not only is the volume of paper increasing, but the yield curve is positive. Businesses must have a good reason to add to their cash reserves...such as an optimistic outlook for increasing sales.
Not only is the volume of paper increasing, but the yield curve is positive. Businesses must have a good reason to add to their cash reserves...such as an optimistic outlook for increasing sales.
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