An explosion in the money supply has driven many corporate managers to turn to stock buybacks as a safe alternative to holding on to depreciating cash. This means many companies are decapitalizing.
Brian Carus is a Financial Technology professional currently focused on solution and product development within Wealth and Investment Management. He is a 2021 level II candidate in the CFA Institute Program, and graduated in 2016 from Lafayette College in Easton, PA, where he studied Economics and Psychology.