JPMorgan is sitting on about $500M in cash, waiting to invest in higher rates

Re:JPMorgan is sitting on about $500M in cash, waiting to in... by 8bitsrule on Monday June 14, 2021 @07:22PM (#27509631)

Meanwhile, we need a lot more wind-turbines, solar panels, and a smart infrastructure which includes a lot of fiber... Is this a willful disconnect?

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Re:JPMorgan is sitting on about $500M in cash, waiting to in... by economusty on Monday June 14, 2021 @08:15PM (#27509952)

Are you suggesting they should give the cash away? That it should be confiscated from them and redistributed? What point, if any, are you making?

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Re:JPMorgan is sitting on about $500M in cash, waiting to in... by toomuchtodo on Monday June 14, 2021 @08:41PM (#27510106)

Monetary policy should be implemented to make those investment opportunities more attractive than holding half a trillion dollars on a commercial bank’s balance sheet. Negative interest rate policy comes to mind.

Central banks don’t confiscate your fiat, they use policy to strongly encourage desired behavior.

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Re:JPMorgan is sitting on about $500M in cash, waiting to in... by prepend on Monday June 14, 2021 @07:40PM (#27509764)

How is that related to not investing this $500B in cash?

I think people want different things and long term capital projects and short term cash aren’t really competing projects. It’s not like someone is going to decide to change their 3 month horizon that would be impacted from rates increasing to a 10-20 year horizon for solar panels and wind turbine projects.

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