A lot of people holding stock right now are probably doing so specifically in hope of tax law changes giving the companies more money, which will be used to buy

A lot of people holding stock right now are probably doing so specifically in hope of tax law changes giving the companies more money, which will be used to buy back stock from shareholders. (oops, I mean to make capital investments in the company and raise wages for average employees -- since a company in possession of a good fortune must be in want of workers to give raises to!)