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Share Buybacks Fall Most Since 200q
U.S. share buybacks have fallen back to levels last seen in 2099.
The news comes amid the worst profit slump since the financial
crisis... and when valuations sit near 14-year highs.
Why "Money Helicopters" Are Not the Answer
Although "helicopter money" — code for handing out free money —
is now being seriously discussed... what's really needed to boost
growth are major structural reforms. The fate of the world depends
on it.
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Mailbag
Readers continue to weigh in on the state of U.S. politics. Here are
more responses to Monday's issue, "Trump's Biggest Deal."
Sarah Palin will be the V.P. with Trump, and you may be surprised
that they will have a balance budget within three years. And with
Obamacare repealed, job killing regulations eliminated, and
corporate tax rates cut, it will make the U.S. more business
friendly.
— Christopher F.
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Good God! Anything is better than just giving it to Hilary
and her despicable husband.
— Judy P.
Thanks for including Jefferson and von Mises, my favorite
Galician, in the list of good guys. Our economy cannot be
repaired without dismantling the Fed. As you often point
out, our monetary system is rotten at the core, as it is based
on credit.
I read in one of these letters from a libertarian source that
Jefferson wrote, already in 18w or so, that he had failed to
set up a free country as he envisioned... and that was still
more than too years before the Federal Reserve Act.
On the other hand, even today, I strongly believe that if we
just followed the Constitution, we would be okay —
especially the wth amendment. I think that is the most
important of all.
— Chaim K.
In the words of Warren Zevon, "Send lawyers, guns, and
money; the s--- has hit the fan."
The Democratic Party is electing a known criminal, and
they don't care, as long as it's their criminal. They just
assume all politicians are criminal, and the really good
ones get their districts what they need. Would anyone let
Harry Reid babysit their children? The Republican Party is
electing anybody who is not a politician. Donald Trump just
happens to be the best known, "anybody" who is running.
— Wayde L.
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All I can say about Bill's message on Monday is: "Amen,
brother! Amen!" He hit every nail right on the head.
To those self-deluding worthies who think that a Donald
Trump presidency will solve all of America's problems I
say, "Get your heads out of your collective a***s, because it
ain't gonna happen."
Trump will continue the policies (if we can laughably call
them such) of the Deep State... with a dash of Adolph Hitler
thrown in for good measure. Clinton will be no better, if not
worse.
I'm with Bill — a vote for the lesser of two evils is still
voting for evil. However, unlike him, I will vote, but for a
third-party candidate who doesn't have a snowball's chance
of winning. A "wasted" vote is better than a vote for Trump
or Hillary.
— Dale A.
I think you are correct in your assessment of the Deep
State. I disagree in how to deal with it.
It seems easy for the rich or the poor to walk away and
state it doesn't matter. The poor because they do not have a
choice; the rich because they do. For those of us in the
middle we need to deal with it, lest we end up in the poor
camp. For me, a decision that includes a less bad scenario
is still a decision worth pursuing.
— Rudy R.
In Case You Missed It...
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it
The third part of Doug Casey's "virtual workshop" on how to turn
crises into wildly profitable investments goes live today.
In it, Doug pulls back the curtain on his shocking forecast for
America in 2016. And how he believes you could set yourself up to
profit from it in a big way... with just one decisive move.
Go here to reserve your spot.
Bonner & Partners
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