A major caveat: Market watchers have been talking about companies sitting on cash for a long time. The amount has been roughly the same nearly three years, and nothing so far has convinced companies to spend it liberally.
Trading revenue at firms from JPMorgan Chase to Bank of America has surged 15% or more since Donald Trump's surprise victory. Client engagement is 'very high,' Citi's CFO said.
Citi Holdings -- the megabanks' last separately run bad asset unit -- is now profitable. So when's the next bailout?
It's only now dawning on investors just how frozen our economy was before Donald Trump, and how quickly things are thawing, Cramer says.