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Olduvai III: Catacylsm
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“Risky Business”: Companies Are Now Funding Share Buybacks By Selling Bonds To Other Companies

“Risky Business”: Companies Are Now Funding Share Buybacks By Selling Bonds To Other Companies One of this year’s key narratives has been the degree to which US stocks have benefited from a perpetual, price insensitive bid. By that we of course mean corporate buybacks, which one might fairly characterize as having replaced the monthly flow […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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