Analysis: US companies are still worried about an economic shock | CNN Business ...Middle East

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  The US economy appears to have swerved away from immediate risk of recession. The labor market is strong, growth has surpassed estimates and inflation is easing. A new CNN poll even shows that the public’s long-held pessimism about the economy is letting up. But America’s publicly traded companies are flashing a key sign of economic uncertainty — they’ve been hoarding cash.

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