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Preservation of Capital on Balance Sheets Outweighs Growth Strategies

^{Published on 2010-08-04 19:00:25 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Wall Street Media presentsexclusive video of Rich Gordon, the highly regarded Fixed Income Market Strategist of Wells Fargo Securities (NYSE: WFC). Rich detailsthe recenttrendofcompaniesholdingrecord levels of cash on their balance sheets with the S&P 500market cap currently at 10% cash on the books compared to1999 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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