https://twitter.com/NorthmanTrader/status/1196542796343185409
The combined balance sheet of the Fed, ECB, PBOC and BOJ rose in October by the most since last December: @TheTerminal's Daybreak. Perhaps this is what's driving the melt-up in equities more than anything else…. pic.twitter.com/agGQCr4IXa
— Lisa Abramowicz (@lisaabramowicz1) November 18, 2019
'Companies that make up the S&P 500 index had an average effective tax rate of 18.1% in 2018, down from 25.9% in 2016. As a result, they have spent nearly three times as much on additional dividends and stock buybacks than on increased investment.' https://t.co/vuLPCaSQrV pic.twitter.com/mZNpyJeftc
— Jesse Felder (@jessefelder) November 18, 2019