The longer this goes on, the more CFOs and CEOs learn to do what private equity firms are trying to teach them, which is to borrow long-term money at approximately 6%, which would cost something like 3.6% after taxes.
Ken Fisher is one of the USA 's best-known investment commentators, having written his Portfolio Strategy column in Forbes magazine for more than 22 years. He also runs his own investment firm, Fisher Investments, putting his expertise into practice on behalf of a range of private and institutional investors.