What Can’t Go On Won’t Go On, Part 1: Corporate Leverage
By now everyone knows the corporate share repurchase story, about how major companies are engineering higher per-share profits and share prices by buying back their
By now everyone knows the corporate share repurchase story, about how major companies are engineering higher per-share profits and share prices by buying back their
David Stockman just published a chart so compelling that he didn’t feel the need to add any commentary. But there are a few things to
Back in the early 2000s, General Electric — previously known as the world’s biggest, best managed maker of cool, useful things like jet engines and
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