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let's get to a single best chart here's Brendon gy deposits by American non-financial companies surpassed $1 trillion for the first time last year they are still at that level now mattress stuffing is a subject of today's single best chart Tom what we're looking at there is deposits as a percentage of GDP it is at 5.7% right now that is its highest level since back to the time of JFK 1963 that is amazing um you know and we have CCH with us here right now on the desk from Amherst perer Point Pont excuse me um what does that say to you why is there not a better use of cash right now well they're certainly not keeping it on deposit for the high interest rates we know that part right um again I think this gets back to the fact that Global growth is is not robust uh the investment opportunities aren't there particularly in the manufacturing sectors where often you would build up large use large amounts of capital um to uh to build facilities u

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