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The Breakfast Briefing: Buybacks Alone Can’t Drive Stocks Up Forever

FYI: Several pillars of the six-year bull market have shown signs of weakness this year. One hasn’t: The amount of cash corporate America is returning to investors.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2015/05/28/morning-moneybeat-buybacks-alone-cant-drive-stocks-up-forever/tab/print/

Current Futures:
http://finviz.com/futures.ashx

Comments

  • This is the takeaway message to me:

    "While dividends and buybacks prop up stocks in the near term, they can come at the expense of long-term growth initiatives. As the Wall Street Journal reported Tuesday, the recent buyback mania has coincided with less business investments, such as new factories and research and development – a concern for the buy-and-hold investor."


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