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Title: Microsoft Announces Record $60 Billion Buyback
Source: [None]
URL Source: https://www.zerohedge.com/markets/m ... market-was-about-break-support
Published: Sep 14, 2021
Author: Tyler Durden
Post Date: 2021-09-14 23:57:32 by Horse
Keywords: None
Views: 12

Just As Market Was About To Break Key Support

And that's how you bail out the market.


Poster Comment:

Buybacks raise stock prices and pay out more corporate bonuses. Problem is nobody is concerned with making products consumers want. There is another problem. When the economy contracts and corporate profits fall, the stock market will collapse. Foreigners might decide to dump the dollar and go into commodities. That will blow America apart.

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