Goldman Warns Of A "Significant" Adverse Impact On Stocks As 2020 Buybacks Are Cut In Half
April 05, 2020 at 07:16 AM EDT
The irony is that companies should not have been repurchasing their stock at the all time S&P 500 highs, yet that's precisely what they were doing. In fact, as we explained in late 2019, stocks were at all time highs because of stock buybacks!
