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That's what he said in the article, that companies are buying their own stock. I wasn't aware of the size of all this corporate debt. This makes the stock market look even more risky right now.
This low interest phase that we've been in for so long now seems dangerous. It forces people into stocks who shouldn't be in stocks, people and companies over leverage because they can borrow so cheap, it artificially pushes up prices of real estate. And now the fed is in a catch-22 situation where they're afraid to raise interest rates but we'd be better off higher interest rates.
Last edited by pandy; 08-28-2016 at 10:29 PM.
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