Stock Buybacks Peaked With Stock Market in 2007: History About to Repeat?
MishTalk
OCTOBER 14, 2014
Interestingly, the peak in buybacks was also the peak in the US stock market in 2007.) - Revenues are closely linked to nominal GDP, and our US leading indicator sees this as lacklustre at best going forward. But buybacks are waning; the chart below shows a 27% decline in buybacks between 1Q14 and 2Q14. YoY it is down 1.6%.
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