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Interestingly enough, net flows of those funds are negative[0] as more and more retirees pull to fund their retirement. The only thing keeping the stock market
by ItsMonkk 5y ago
Interestingly enough, net flows of those funds are negative[0] as more and more retirees pull to fund their retirement. The only thing keeping the stock market rising at the moment is in all the buybacks keeping demand up and supply down.
[0, page 11]: https://www.goldmansachs.com/insights/pages/top-of-mind/buyback-realities/report.pdf https://www.goldmansachs.com/insights/pages/top-of-mind/buyb...
- missedthecue 5y agoThe total amount of buybacks in 2020 was less than $500 billion, but almost $35 trillion in shares were traded. How is it mathematically possible that buybacks are the only thing keeping it afloat?
- deleted 5y ago[deleted]