Bob Pisani reports here:
"Cash set a record in the first quarter of 2013 on an absolute basis: $1.093 trillion in the S&P 500. It has set a record for 18 of the last 20 quarters."
--------------------------------------------------------------------------
Yeah, but nonfinancial corporate business sector bond liabilities have climbed, too, from $3.7 trillion in 2007 to $5.9 trillion in the latest report.
Financial business sector bond liabilities have declined from $6.2 trillion to $4.9 trillion over the same period.
