Intrigue? The economy is teetering on recession. These companies understand macro trends better than anyone, and can plainly see what is coming. Now the play is to protect the war chests they have amassed to weather the storm.
Which is the point: large companies do not have more control over that than me and you, nor do they interpret them better, which is the same reason hedge funds generally trail index funds.
Hedge funds trail index funds? What a hilariously and confidently incorrect take.
I guess that's why hedge fund managers have billions in assets and are paid millions of dollars, to deliver sub-market returns. Yep, makes total sense.
