- US corporate authorisations are off to the Best Start On Record as the buyback blackout periods post closed this past Friday!
- 4 billion USD worth of corporate demand/day estimate (GS)
- energy companies got free cash flow
Historical US & non-US overview via JPM:
- 2020 pandemic: conserved cash given uncertainty...
- 2021 & 2022 back strongly ... cheaper valuations also ... bigger bang for the buck as they say, especially given 2022 a bear market...
Thoughts ?
Mav