Stock Share Buybacks Now Bought Out — American Enterprise in Decline…”almost all of the returns since 2009 have been due to stock share buybacks!”

By David Haggith
TheGreatRecession.info
May 21, 2016

I have pointed out in previous articles how most of the growth in stocks over the past few years has been due to stock share buybacks. Without this hideous (and at one time illegal) practice, there would have been no bull market over the last few years.

That’s right. Research from no other place than Wall Street, itself, indicates that >almost all of the returns since 2009 have been due to stock share buybacks!

Liz Ann Sonders, chief investment strategist and perma-bull at Charles Schwab, recently acknowledged that “… there has not been a dollar added to the U.S. stock market since the end of the financial crisis by retail investors and pension funds….” Since every buyer has a seller (and vice versa), what group or groups had enough of a buying presence to push the S&P 500 14.2% off of the February closing lows? Corporations. (Seeking Alpha)

The Rest…HERE

This entry was posted on Sunday, May 22nd, 2016 at 11:25 am and is filed under Conspiracy, Corruption, Economics, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.