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After years of stockpiling cash and buying stocks, US companies are starting to throw money into improving the real estate and equipment their businesses depend on this year.
Experts say rising rates aren’t going to stop them, especially with many execs optimistic that Donald Trump’s presidency will usher in a period of regulatory rollbacks, corporate tax breaks and infrastructure spending — all things experts say will fuel growth, the Wall Street Journal reports. That will be a huge change from the last few years, where companies have largely opted to hoard cash instead of investing, further exacerbating the sluggish economic growth we've been experiencing this cycle despite near-zero interest rates.
GameStop is one of many firms gearing up to make big investments — the video-game retailer boosted capital last year to fuel future real estate purchases that will help the firm expand into new markets. [WSJ]
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