Market Highs

Posted: July 17, 2016 in Economics
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Financial-research firm FactSet explains exactly what’s driving this market forward, despite all of the economic warning signs.  So far this year, 41 different companies have spent more than $1 billion buying back their own shares.  So far this year, U.S. corporations have spent a total of $166 billion on share buybacks.  That’s a 15% increase over last year… and sets a new record annual pace for share buybacks.” -Porter Stansberry

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