How a $2.4 Trillion Cash Pile Is Growing Without Yield

Stock Picking with Fexingo: Individual Equities, Research, and Building a Concentrated Portfolio · Jun 29, 2026 · 8m · transcript

In this episode, Lucas and Luna unpack the hidden implications of corporate America's $2.4 trillion cash hoard — cash that now earns next to nothing as the Federal Reserve holds rates steady. They examine why companies like Apple and Berkshire Hathaway keep piling up cash despite zero interest income, and what this means for stock pickers looking for disciplined capital allocation. With the S&P 500 at 7,415 and yields on short-term Treasuries below 2%, the hosts argue that a growing cash pile can signal either prudence or complacency. They walk through specific examples, including…