Corporate stock buybacks are the dominant source of stock-market demand, but not for long according the Goldman Sachs
US equity market activity by foreign investors, households, mutual funds, and pension funds ended 2019 as net sellers while corporation’s buybacks are estimated to exceed $480 billion – just in the S&P 500 companies. This source of market growth cannot be counted on to prop up the equity markets in the future. https://www.marketwatch.com/story/buybacks-are-the-dominant-source-of-stock-market-demand-and-they-are-fading-fast-goldman-sachs-2019-11-06 As for … Read more