Monday, August 27, 2018

MAKING SEN$E - Taking Stock

"Why recent stock market gains might not benefit the economy" PBS NewsHour 8/23/2018

Excerpt

SUMMARY:  This week has marked the longest uninterrupted stock market gains in U.S. history, thanks in part to a steady economic recovery now nine years old.  But another driver is the growth of stock buybacks: companies purchasing their own shares.  Whether this practice benefits the larger economy is very much in question.  Economics correspondent Paul Solman has more in his weekly series, Making Sense.

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