By Rob Otman The longest bull market in U.S. history has come to an end. Stock buybacks have helped fuel the stock market but with this recession, companies are tightening their purse strings. Airlines, banks and other companies have already announced cutting back. President Trump has also put downward pressure on repurchases…
I am fine with restricting buybacks. In fact, I would demand that there be no stock buybacks. I don’t want them taking hundreds of millions of dollars and buying back their stock.
Buybacks get a lot of negative press but they aren’t inherently bad. Like all tools, it depends on how you use …read more
