Saturday 11 May 2019

Buy Back Binge

This is very good...

https://www.youtube.com/watch?v=VfEH0w1sEZw

The stock market is where it is because of corporate buy backs.  Those buy backs are designed to pump the earnings of the people managing these companies, not the companies themselves. The debt that has been incurred to finance this outrageous behaviour is increasingly bad.

When this slows or stops, the market will pull back very sharply.

It will happen. When it does, don't get caught in this...

Image result for dead cat cartoon


No comments:

Post a Comment