![]() ![]() ![]() Announcements reached $1.08 trillion, with nearly half concentrated in 19 companies, which account for $460 billion of the total. “There’s been a significant pickup in recent weeks,” with markets in a downdraft, he adds. stock repurchase announcements crossing the $1 trillion mark in mid-December for the first time, according to Michael Schoonover, the portfolio manager of the Catalyst Buyback Strategy fund (ticker: BUYIX). Lesson 2 in Stock Investing For Dummiesįorever Quantitative Easing Fuelling Buyback binge:īuybacks appear to be nearing a crescendo, with total U.S. ![]() Share buybacks are rising and have continued to grow since we first posted that article. Gone are the days where there was a semblance of caring for the investor insiders are only concerned with how much they can make and they don’t care if they destroy the company in the process. Corporations will continue down this path until new laws are enacted and they will become more emboldened with time. The outlook has only worsened since then the new tax breaks corporations got will be used to purchase more shares, and the reason is simple, it pays more in the short term to boost profits by reducing share count than in investing in the company. However, we first addressed this phenomenon back in in 2015 and here is the link that details what was said at that time The term forever QE has just started to come into play recently, and mainstream media is most likely going to embrace this term and weaponise it in not so distant future. Forever Quantitative Easing is here to stay and this means until it ends, every backbreaking correction has to be treated as a mouth-watering opportunity. ![]()
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