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Author:

Jester Debunker

Subject:

Off Topic

Date:

02/17/18 at 11:38 AM CST

 

 

READ: 4

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Sentiment:

Neutral

Reply to:

MSG`#4629,`02/15/18
By Jam ok

 

Re: OT - buybacks

$171BN in buybacks announced YTD, which is the most so far at this time of the year, 22% higher than last year, and more than double the 10-year average. Companies putting those unfunded tax cuts exactly where many of us expected: buybacks, dividends, more profits for execs, and crumbs to the workers with many receiving one-time bonuses as low as $200 (the $1K many companies have boasted about is for their longest tenured workers only).

zerohedge.com/ne...-2009s

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