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Daily Archives: February 26, 2018
Share buybacks are market manipulation and they must be banned
Some $4 trillion in share buybacks by corporations since 2009 have been a indiscriminate force levitating stock prices to valuation extremes this cycle. It’s also been a non-productive waste of funds enabling asset bubbles, piling on reckless debt and financial … Continue reading
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Pension elephant in the room now crushing budgets
The elephant of unsustainable pension management has been sitting in the theater of retirement planning for at least two decades. Now it is taking center stage. As obligations have soared, contribution levels have not kept up and management has opted … Continue reading
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