The Elephant In The Casino---Epic Share Buybacks

As a result, share repurchases are doing a lot more than just “tipping the scales” of supply and demand. David Kostin, chief US equities strategist for Goldman Sachs summarized it best:

“[share] repurchases remain the largest source of demand for shares.”

 

http://davidstockmanscontracorner.com/?p=202603&preview_id=202603&preview_nonce=27b3aa28f6&preview=true

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