Corporate buybacks are down to the lowest level since 2012
John Rubino, founder of DollarCollapse.com joins Cory to discuss the recent pullback in corporate buybacks. In Q2 of this year corporate buybacks dropped to an average of $1.8 billion a day. This number might sound very high but this is almost 40% down from levels we saw entering 2016. We have discussed how buybacks were helping to support the buy side of US equities and now with this drop the market will need to find a replacement to keep stocks at these all time high levels.
There has also been an increase in insiders selling shares. Are the insiders finally coming to the conclusion that it is time to get out while the getting is good?
Click here to visit John’s site and read the article that spurred this conversation.
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The devil incarnate spoke with forked tongue…..
Trump’s hi rings demonstrate to me that he is a poor judge of character. Very sad that he appoints hatchet men as opposed to persons of conservative beliefs and morals.
An excellent dissertation on George Soros and us.
https://m.youtube.com/watch?v=GfLkJ9unec0
DNC Fraud Lawsuit
The Court has scheduled an evidentiary hearing for Tuesday, August 23, 2016, at 11:00 a.m. in Courtroom A, United States Courthouse, 299 E. Broward Boulevard, Fort Lauderdale, Florida.
Document 25 available here: http://www.jampac.us/DNCLawsuit
Wall Street’s Death Puts: Here’s What the SEC Didn’t Tell You
http://wallstreetonparade.com/2016/08/wall-streets-death-puts-heres-what-the-sec-didnt-tell-you/