- Buyback bonanza may have fooled many investors
Companies have been spending big on buybacks since the 1990s. What's new is the way buybacks have exaggerated the health of many companies and their ability to generate profits.
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In some cities, nearly a third of the population continues to work during the traditional retirement years, according to 2012 Census Bureau data.
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According to a survey from Robert Half, employees have tried to expense some pretty crazy things to their employers, including cosmetic surgery and a family trip.
Smaller down payments are still possible (if you meet the requirements), but homebuyers should shop around.
Are you worried that the current bull market will go the way of the 1990s tech rally?
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- Yes. Valuations are rising too fast.
- No. It's a very different situation.
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[BRIEFING.COM] The major averages finished the Tuesday session near their lows with the Russell 2000 (-1.0%) leading the slide. The S&P 500 lost 0.5% with nine sectors ending in the red.
Equities indices started the day with modest gains and spent the first two hours of action in the neighborhood of their flat lines. Although the early trade lacked clear sector leadership, that could have been overlooked due to the strength among heavily-weighted sectors like health care (-0.3%), ... More
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