Buybacks Jump To Record Offsetting Selling By Retail InvestorsRupert Hargreaves
According to the latest report on equity flow trends from Bank of America Merrill Lynch, while investors of all types are shunning equities, companies are stepping in to absorb the excess demand with stock buybacks, offsetting concerns that a lack of demand from investors for equities could lead to a substantial correction in the next few weeks.
Last weekend, JP Morgan analyst Nikolaos Panigirtzoglou issued a research report, in which he claimed that due to the recent . . .
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