for the dash report in this case to be able to get access to a potential free ticket to miami so hope to see you guys there and stuff i'm going to try to make it out there either way the itrust team is a really great group of guys and stuff and should definitely try to make it out there and stuff if you're near the miami area all right so let's go ahead and dive into this reason guys why is it that equities could continue to climb higher well over the last decade corporations found themselves with a happy problem record profits solid profit margins continuously with the advents of automation of technology and software increased productivity in the economy and also as well a fed that has been very easy in the sense of generating free or not free but easy money in a sense almost feels free sometimes with all these macro factors the balance sheet of corporations and u.s non-financial corporations so we're not even including the banking sector right we're talking about just typical businesses consumer goods software technology any field you can think of the balance sheet of corporations has gone from around NUMBER_TOKEN trillion here at the turn at the end of the recession from back in NUMBER_TOKEN all the way up to nearly NUMBER_TOKEN tron i would say by now this is back in qNUMBER_TOKEN of NUMBER_TOKEN i would say we're well onwards here towards NUMBER_TOKEN trillion that's a lot of cash getting waned away by inflation not earning practically any interest in a bank account doesn't matter if you're treasuries or any form of bonds if you're just having your money set in a bank account or a money market account doesn't really matter even in a cd you're not going to get much yield on that NUMBER_TOKEN trillion and the forms in which it is right now and i think what you're going to find is this pressure gets bigger and bigger the corporate treasures could be a major catalyst to turn against the tides here with record quarterly profits with this massive cash pile corporations are going to have to look at alternative assets now many of that capital i just want to be very clear with you guys much of it is probably going to go to stock buybacks and dividends to benefit the underlying shareholders i wouldn't doubt that for a second but even if a fraction of this and i'm really talking you know NUMBER_TOKEN to NUMBER_TOKEN billion dollars right and even a sliver of this capital starts to go in towards buying positions in crypto assets this could be enough to not only get us back up to the previous all-time highs but outside of that as well it could be enough to set the foundation for a retail driven parabolic rally in prices right to get us back up to that NUMBER_TOKEN NUMBER_TOKENk range NUMBER_TOKENk wrench give or take for bitcoin and this is why again we can't sit here and just say oh the fed is starting to tighten here that means that all assets are going to collapse it's not a general generally good assumption to make because so long as there is cash in the system that is looking for a home it's looking to be exchanged and outside of that there is inflows into the crypto space with that cash prices will go up so long as inflows outpace outflows and so long as we're clearing through the limit orders the sell side rather than the bids and the older book right so again there's a there's a lot of things that
START_SPONSOR_TOKEN for the dash report in this case to be able to get access to a potential free ticket to miami so hope to see you guys there and stuff i'm going to try to make it out there either way the itrust team is a really great group of guys and stuff and should definitely try to make it out there and stuff if you're near the miami area all right so let's go ahead and dive into this reason guys why END_SPONSOR_TOKEN