High cash levels in corporate America may not be the harbinger of growth in 2012, as analysts...

|By:, SA News Editor

High cash levels in corporate America may not be the harbinger of growth in 2012, as analysts would have you believe, says Thomas Kee. All cash raising we've seen thus far has less to do with positioning for strategic growth initiatives as it does fear and caution over a weak economic picture. Oracle's miss today may just be the first sign of a larger contraction in earnings to come.