UNPRECEDENTED BUYBACKS LEVELS In case you are in the 1% who have been too busy counting your startling increase in net worth, let me first highlight the velocity with which corporate buybacks have accelerated to.
90% of all S&P 500 profits are presently being spent on corporate Buybacks and Dividends. This is historically unheard of. We are approaching nearly $2 Trillion in buybacks by the S&P 500 members within a forecasted 2 year period. So why is this distortion happening?