I’ve felt for a while that the equity market is running on fumes, but what do I know? I can’t go out and short it just because markets can stay irrational longer than I’m solvent.
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I’ve felt for a while that the equity market is running on fumes, but what do I know? I can’t go out and short it just because markets can stay irrational longer than I’m solvent.
With the 2018 US tax reform all those corporate tax savings could (and may likely) go to share buybacks, continuing to keep equities propped up indefinitely