The market is in full panic mode.
The S&P 500 is down 18% year to date. The Nasdaq is down a staggering 27%. And even the Dow Jones — made up of the 30 most prominent publicly-traded companies — is in correction territory.
According to Bank of America, there’s one thing that might save the stock market in 2022: money that corporations can return to shareholders.
“The best hope for 2022 bulls lies in the ability of investors to dislodge the $7.1 trillion in idle U.S. corporate cash,”…
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