Well, that didn’t take long for this connection to be made. I tend to believe this article. It is plenty clear to me the whole of congress has been bought off already long ago. So what’s another 1 trillon in tax cuts for the corporate donors and their shareholders? no biggie, right? heck, I’m not complaining. I just feel sorry for the average working family with kids who will lose their personal deductions, while automation is quietly and permanently replacing their jobs .
In general, stock buybacks may or may not improve a stocks future rise. Moreover, it does add liquidity to the overall financial markets. Still, interest rates, events, and earnings drive stock market movements, not buybacks. Liquidity could return to bonds too instead of stocks.