screengrab from b'berg, it doesn't go into funding but I'm fairly certain US tax policy means most of these buybacks are debt funded, combine debt funded buybacks and margin accounts and you have to ask how much real value is there in US indices.
screengrab from b'berg, it doesn't go into funding but I'm...
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Last
3,001.9 |
Change
25.600(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,976.3 | 3,002.5 | 2,976.3 |
| XSO (ASX) Chart |