People wondering why the stock market will keep going up
Because these companies keep buying back their stock
I’m an investor so that’s good for me.
Laughing all the way to the Swiss bank while trickling on everyone else. Half the voting public are stupid.
Not surprised.
62% of Americans own stocks and that number is increasing. Dividends put money back in the hands of shareholders. Buy backs lower the quantity of outstanding shares increasing the value of the shares you own. This is largely a good thing especially when anyone with an S&P 500 or large cap fund is around 25% invested in these companies.
Causation vs correlation, just because they did all the buybacks and dividends it doesnt mean it was due to tax breaks. If I was to guess I would say COVID lockdowns and checks would be highest on their list of ways they got moeny.
The fleecing of America. Seriously hope Americans will wake up to see what is happening.
I remember reading about a corporate presentation, before the 2017 Trump tax cuts where, I believe, Trump or Steve Mnuchin was asking a question about CEO’s using the tax cuts to raise salaries and hire more staff, to which the CEO’s responded in silence.
Of course they did what we all knew they would. They used the tax windfall to buy back $Billions of their own stock, which primarily benefits corporate executives and wealthy investors.
Just like the failed conservative trickle down theory, Trump’s tax cuts accelerated income inequality and shifted wealth to the top. And Trump’s new tax proposals and tariffs will continue to do just the same.
And these corporations are still failing…. Go figure.
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High on their own supply
People wondering why the stock market will keep going up
Because these companies keep buying back their stock
I’m an investor so that’s good for me.
Laughing all the way to the Swiss bank while trickling on everyone else. Half the voting public are stupid.
Not surprised.
62% of Americans own stocks and that number is increasing. Dividends put money back in the hands of shareholders. Buy backs lower the quantity of outstanding shares increasing the value of the shares you own. This is largely a good thing especially when anyone with an S&P 500 or large cap fund is around 25% invested in these companies.
Causation vs correlation, just because they did all the buybacks and dividends it doesnt mean it was due to tax breaks. If I was to guess I would say COVID lockdowns and checks would be highest on their list of ways they got moeny.
The fleecing of America. Seriously hope Americans will wake up to see what is happening.
I remember reading about a corporate presentation, before the 2017 Trump tax cuts where, I believe, Trump or Steve Mnuchin was asking a question about CEO’s using the tax cuts to raise salaries and hire more staff, to which the CEO’s responded in silence.
Of course they did what we all knew they would. They used the tax windfall to buy back $Billions of their own stock, which primarily benefits corporate executives and wealthy investors.
Just like the failed conservative trickle down theory, Trump’s tax cuts accelerated income inequality and shifted wealth to the top. And Trump’s new tax proposals and tariffs will continue to do just the same.
And these corporations are still failing…. Go figure.
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