Business taxes are down. Companies are buying record amounts of their own stock in the market companies making record profits. Yet the market is droping? Something does not add up.
Right. That’s what I told my wife yesterday. It does not make sense.
Negative sentiment/some dirty tricks is bringing the markets down, not the earnings or the facts.
Something does not add up.
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What doesn’t add up is your distorted viewpoint... buybacks are now nearly non-existant..record profits? and at what p/e ratio? WAY TOO HIGH ... housing , PMI reports , interest rates ... all going against you.. the “everything” bubble is popped and prices will revert to (and likely fall through) fair value in most areas. The idiot companies that did buybacks of stock but failed to pay down their debt/bonds will not live long.