Overall buyback growth in 2018 way higher than Capex growth.
Most S&P 500 firms repurchase some shares though 10 firms made up 31% of all buybacks in 2018, Goldman has calculated. Apple has spent $74bn on share buybacks, 2.5 times … Read more
capex
Car sales, HK, China default, capex, EU business lending, EU sentiment, Credit card data
by WARREN MOSLER Chinese state company defaults offshore, first time in 20 years (FT) A Chinese state-owned enterprise from the country’s remote north-west has failed to repay a US dollar bond in Hong … Read more
Buyback Binge That’s Besting Capex Pays Off Big in U.S. Stocks
via Luke Kawa The biggest use of cash among S&P 500 companies is making their public footprints smaller — a strategy that’s paid dividends in 2018. According to Goldman Sachs, aggregate … Read more
Chart: Market penalizing companies who spend more on CapEx and R&D
h/t @SoberLook $AAPL propping up the market pic.twitter.com/Z5H3ZjtNN3 — Alastair Williamson (@StockBoardAsset) August 2, 2018