Global Corporations Are Net Sellers Of Their Equity For The First Time Since The Lehman Crisis
by Tyler Durden
ZeroHedge.com
11/11/2013
PM’s “flows and liquidity’ expert Nikolaos Panigirtzoglou, who last week spotted the “most extreme ever excess liquidity” bubble, has just noticed yet another indication that not even corporations believe in further equity upside. Simply said, this means that that for the first time since the Lehman crisis, non-financial corporations within the entire developed, G-4 (US, Europe, Japan and UK) world, have shifted from net buyers of stock to net sellers, as net “equity withdrawal” have just turned positive.
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