The US Equity Bubble Depends On Corporate Buybacks; Here’s The Proof
by Tyler Durden
ZeroHedge.com
05/02/2015
For those who require still more proof that the rally in US equities has become inextricably linked with corporations leveraging their balance sheets to repurchase their own shares, JP Morgan is out with an in-depth look at buyback trends which strongly suggests that buyback activity is in fact responsible for driving US stocks to record highs.
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