Companies Cut Share Buybacks

This week S&P Dow Jones Indices (S&P DJI) reported preliminary data indicating that S&P 500 stock buybacks (shares repurchases) fell 17.5% in the first quarter of 2017 to $133.1 billion from $161.4 billion in the first quarter of 2016. For the 12-month period ending March 2017, S&P 500 companies spent $508.1 billion on buybacks, down…

 

Jeopardy! Shows Humans Don’t Maximize Profits

One of the common behavioral biases is anchoring. Anchoring is basing expectations and viewpoints on previous, often recent, information. An example would be the yield on the 10-year Treasury note. The benchmark bond yielded 1.59% today. If it were to rise over the short term to, say, 2.0%, your opinion would likely be that rates…

 

AAII’s Top 10 Articles for August 2016

Here are the Top 10 articles from AAII.com for August 2016 (based on unique page views):   The Top 10 Economic Indicators: What to Watch and Why Everyone wants to keep a pulse on the economy, but no one wants to wade through the massive volume of statistics. A look at the top 10 economic…