I still would like to know why we are bailing out corporations 5 weeks after all time highs. Corporations that have chosen to spend a cumulative $5.4 trillion in buybacks since 2009. That was their choice not to build any reserves.
People yes. Corporations after 5 weeks I don't. pic.twitter.com/0vBJFsturh
— Sven Henrich (@NorthmanTrader) March 27, 2020
U.S. corporate profits have been relatively flat for several years.
This chart shows the Wilshire total stock market plotted alongside corporate profits, indexed to 100 in 1995.
Not a pure apples to apples comparison, but interesting. pic.twitter.com/LBnNXpZFg4
— Lyn Alden (@LynAldenContact) March 27, 2020
Fed's balance sheet adds $1 trillion in a week, up to $5.3 trillion, and they're just getting started. pic.twitter.com/9mSGCRXSc3
— Randy Woodward (@TheBondFreak) March 27, 2020