Money is as cheap as it’s been in years: Varney

Money is as cheap as it’s been in years: Varney
Money is as cheap as it’s been in years: Varney
Apple has about walk 210 billion dollars in cash, so why is it borrowing yet more money? You may well ask, but the Blue Chip companies are jumping on the cheap money band, I’m borrowing by the billion just on Tuesday, big name. Companies borrowed in one day a total of 27 billion dollars, and that was followed by a borrowing binge on Wednesday, Disney deer Coca-Cola issued Bonds, in other words, borrowed money. What is going on? That’S easy to explain. Money is as cheap as being in years, because that’s the cost of borrowing they sunk to Historic lows, replace your old high rate debt with new cheap debt financing. Please big companies can reduce the cost of that debt. That should help that prophets now and their expansion plans for the future in Europe. Of course, you’re going to look for some place. That’S safe and pays at least some interest, and that’s us America, you don’t think investors will scramble to lend money to Super safe apple and get hernia 3 % return. Now it is unusual to have a strong economy. It’S a good thing.
FBN’s Stuart Varney on U.S. companies’ big borrowing binge in the low-interest rate environment.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. The network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.

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