from King World News
This is how you rig a market in a late stage fiat collapse.
June 18 (King World News) – Gregory Mannarino, writing for the Trends Journal: The Scale of the Buybacks Is STAGGERING! $1 trillion in buybacks in one month, this is unprecedented. It’s zombification personified.
What is going on here?
Companies are buying back shares NOT because they see real growth, but to prop up their stock price, manufacture “EPS growth” by reducing the share count, and to enrich executives via stock-based compensation.