U.S. corporations have had their share of blame as relates to capital expenditures, wages, etc., but have done a commendable job when it comes to taking advantage of the prevailing low interest-rate environment. Corporate profits have come a long way. … Continued
Late last year as the Federal Reserve was unwinding quantitative easing (QE), there was suspense in the air as to how this might impact U.S. stocks. Bulls argued QE was never a factor in stocks’ surge, rather earnings were. Bears … Continued
U.S. corporate bond issuance is on track for yet another record year this year. In the first half, issuance totaled $877.7 billion, comprised of $697.8 billion in investment-grade and $179.9 billion in high-yield. Annualized, both categories, as well as the … Continued
GE stages massive breakout Friday on back of massive buyback announcement S&P 500 companies splurged $565 billion on share repurchases in 2014 As/when buybacks dry up, support zones become more vulnerable Before last week, GE shares had been on a … Continued