S&P 500 Buybacks Collapse In 2Q, Hitherto Tailwind Turns Into Headwind For Stocks
September 16, 2020 at 09:14 AM EDT
S&P 500 buybacks declined substantially in the second quarter. The trend is likely to persist. Historically, the S&P 500 and buybacks move in tandem. The two have diverged big time in the current quarter.