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.
Investors are on the lookout for a Fed slip up or a bond market bubble.
Warren Buffett's Berkshire Hathaway new $520.7 million position sent shares of Synchrony higher over 4.4% during afternoon trading on Tuesday.
Investment banks' biggest revenue driver is continuing a nosedive into September.
It's been below zero for 78 straight days.
Analyst Mike Mayo stays bullish on banks.