To help me unpack the question of whether the ramp-up in the twin “Ds” is going to represent a serious threat to the economy and the markets, I turned to my friend and brilliant colleague, macro analyst extraordinaire Tom Essaye of Sevens Report Research. Click here to read the full article.
Tom Essaye (TE): Buybacks have been a factor in the market over the past couple of years. Basically, buybacks occur when a company uses cash (either its own or borrowed money) to purchase shares of stock in the open market. A company then essentially “retires” that stock, thereby taking it out of circulation, which reduces or “floats” the total number of shares outstanding…
Click here to read the full article.
