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Daily Archives: March 30, 2020
Good outcome from pandemic shock: buybacks have slowed dramatically
Corporations buying back their own shares was the largest source of equity demand manufactured in the 2009 to 2019 expansion cycle. Borrowing funds to do so was the go-to genius financial gimmick to boost prices and earnings per share. It … Continue reading
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60 Minutes Australia: COVID-19 whistleblowers silenced by China
Travelling in Spain over Christmas, I came down with terrible flu: head and body aches, fever, violent dry cough, exhaustion. I was on the couch for a few days and coughing for a couple of weeks. I did not pass … Continue reading
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