Steve Liesman Promotes Stock Buybacks For More Stock Gains – source – CNBC (02/11/2019)

Steve Liesman of CNBC tries to argue against buyback opponents to position them as great for shareholders and stock investors. In a stock market rally that is starting to run out of steam many stock market bulls are hoping for more junk bond debt issues to be used for more stock buybacks no matter what they may mean for the future.

This segment was a play to get ahead of comments by billionaire Paul Tudor Jones warning that stock buybacks are actually tearing soceity apart:

https://www.cnbc.com/2019/02/11/paul-tudor-jones-says-theres-a-mania-in-share-buybacks-worries-about-social-consequences.html



Share This Post