04.08.2010 18:40:00
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Wall Street Media Presents Wells Fargo Securities Rich Gordon: Preservation of Capital on Balance Sheets Outweighs Growth Strategies
Wall Street Media presents exclusive video of Rich Gordon, the highly regarded Fixed Income Market Strategist of Wells Fargo Securities (NYSE: WFC). Rich details the recent trend of companies holding record levels of cash on their balance sheets with the S&P 500 market cap currently at 10% cash on the books compared to 1999 levels of 6.6 % and an increase of 26% year over year.
Please visit the following link to view the video:
http://wsmco.com/show.aspx?1690_Today's_Market_Summary
View the videos of our recent visits to Chinese companies here:
AutoChina (Nasdaq:AUTC)
http://wsmco.com/show.aspx?1686_There's_Generational_Wealth_to_be_Made
China Marine Food Group (Nasdaq:CMFO)
http://wsmco.com/show.aspx?1689_Our_Visit_to_CMFO
Orient Paper (AMEX:ONP)
http://wsmco.com/show.aspx?1688_Our_Visit_to_ONP
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http://stocktwits.com/wsmco
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http://wsmco.com
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