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Wednesday 8 May 2019

Tech Stock Buybacks and Market Slump

According to this Axios report, tech stock buybacks in 2019 are set to beat the record of a trillion plus, set in 2018.
IT companies are again on pace to spend the most on stock buybacks this year, as the total looks set to pass 2018's $1.085 trillion record total.
By the numbers: Companies so far have spent $272 billion on buybacks ...

David Quintieri says yesterday's stock market  dip was due to a China trade war Trump-shell, ...


... which is a relief, because I'd hate to be blamed for something like that!


And that is why you have millions being spent on feel-good hypocritical bullshit like this, by "International Finance Corporation". 

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