Saturday, May 16, 2015

Record Stock Buybacks: Cashing Out With Economy Crashing

ZH: March 12, 2015
Consensus: 3%
Atlanta Fed GDPNow Model: .6%

Consensus: 3%
Atlanta Fed: .7%
Actual: TBD (Won't be known until July)

"The world of economists was shaken recently as the Atlanta Federal Reserve moved its forecast for this year to zero GDP growth."

0% interest rates and 0% GDP growth: The first non-recovery in U.S. history

Puts this into perspective:
May 14, 2015:
Kansas City Southern (Railway) Gives Disastrous Economic Update. Pulls Guidance. Announces Buyback.