The news that money is piling up high in non-financial businesses will not come as a surprise. With the Brexit vote and the President Trump election, times are definitely uncertain for many industrial and manufacturing companies. Will market values of assets drop over the next 24 months? Will costs continue to rise without the ability to pass on these higher costs to customers, squeezing profits? Will there be some bargain industrial and manufacturing companies to buy? 

It probably makes sense to wait and see. If values do drop and better value companies become available, then the cash piles will become very handy for quick purchases.