We knew it would be an impressive year for stock buybacks. But nobody was predicting over a trillion dollars in share repurchases in 2018. Combined with QE, this has been the only reason why the stock market had risen. If this continues, the stock market will most likely surpass its previous high. The question is, can the FANG stocks carry the weight of the entire multi trillion global stock market?
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Curbing Stock Buybacks: A Crucial Step to Raising Worker Pay and Reducing Inequality - Roosevelt Institute
http://rooseveltinstitute.org/curbing-stock-buybacks-crucial-step/
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