Things Are Not Nearly As
Strong As They Think They Are"The hollowing out of corporate strengths to enable short-term profiteering by the handful at the top leads to systemic fragility ..
Where is the data showing insiders buying hand over fist at these valuations? Insider selling has been raising red flags since March 2014: In-the-know insiders are dumping stocks ..
Where is the data proving Corporate America isn't borrowing billions of dollars and using the nearly-free money to buy back shares? Buying back shares reduces the float (stocks available for purchase by the public), reducing supply and creating demand which pushes prices higher
Stocks’ Biggest Gains Are an Inside Job Companies spent $598.1 billion on stock buybacks last year. That was the second highest annual total in history
Where is the data showing Corporate America has added jobs?
Who actually creates jobs: Start-ups, small businesses or big corporations?
No shock is needed to bring down these fragile corporate structures: existing debt and the slightest tremor of global recession will be enough to topple the rickety facade."
- Charles Hugh Smith*
link here to Smith's Comments