Reuters provided insight into how a weakening profit outlook, in addition to fading effects of tax cuts and profit repatriation, combined to make it less likely that Wall Street will find as much support from share buybacks in 2019 as it has in the past few years. Wall Street’s recent volatility has optimists betting that buybacks could provide the market with an even better buffer in 2019, but many strategists see the lift from buybacks losing some force as earnings growth slows and tax policy bonanzas fizzle out.
Politics
Reuters provides insight as U.S. buyback market support may wane in 2019
07 January 2019, 12:00 am 1 minute
Article Tags
Topics of Interest: Politics
Type: Reuters Best
Sectors: Economy & Policy
Regions: Americas