GOLLY GEE - NOW WHO PREDICTED THIS? MUST HAVE BEEN PROS - WHO PREDICTED OPPOSITE MUST HAVE BEEN CONS
American corporations flush with cash from last year’s tax cuts and a growing economy are buying back their own shares at an extraordinary clip. They have good reason: Buybacks allow them to return cash to shareholders, burnish key measures of financial performance and goose their share prices.
The surge in buybacks reflects a fundamental shift in how the market is operating, cementing the position of corporations as the single largest source of demand for American stocks. The binge has helped sustain a bull market approaching its 10th birthday, even in the face of political, international and economic uncertainty.
Since the market rally began in March 2009, the S&P 500 has risen more than 300 percent as the United States recovered from the worst financial crisis since the Great Depression.
https://www.nytimes.com/2019/02/25/business/stock-market-buybacks.html
American corporations flush with cash from last year’s tax cuts and a growing economy are buying back their own shares at an extraordinary clip. They have good reason: Buybacks allow them to return cash to shareholders, burnish key measures of financial performance and goose their share prices.
The surge in buybacks reflects a fundamental shift in how the market is operating, cementing the position of corporations as the single largest source of demand for American stocks. The binge has helped sustain a bull market approaching its 10th birthday, even in the face of political, international and economic uncertainty.
Since the market rally began in March 2009, the S&P 500 has risen more than 300 percent as the United States recovered from the worst financial crisis since the Great Depression.
https://www.nytimes.com/2019/02/25/business/stock-market-buybacks.html
